Boeing's stock has gone up this week after a whistleblower died suddenly, the second to pass away in the past few months.
The family of Josh Dean, a former quality auditor at Boeing supplier Spirit AeroSystems, said that he had died on Tuesday after contracting a sudden illness.
The aviation company's stock rose this week, according to MarketWatch.
There is nothing to suggest that Dean's death was suspicious, or that it has influenced Boeing's stock surge—the company's stock had already been on an upward trajectory over the past week.
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Dean became a whistleblower after accusing his former employer of ignoring defects in the production of the 737 MAX planes, which have faced scrutiny following a series of safety issues.
Dean was the second Boeing whistleblower to die suddenly this year. Former Boeing employee John Barnett was found dead less than two months ago of a gunshot wound that officials said appeared to be self-inflicted.
The financial publication Barron's noted on Thursday that Boeing's stock went up this week after the company sold $10 billion in debt, a move the publication says cleared up uncertainty for investors about how much the company would have to pay to borrow money.
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Boeing has faced pressure following a series of headline-grabbing safety incidents with its aircraft this year, including one in which part of the fuselage of an Alaska Airlines flight blew out mid-air.
The company's CEO, Dave Calhoun, announced last month that he plans to step down at the end of the year.
Despite the difficulties, the company last week reported a better than expected loss in the first quarter of 2024.
The company has reduced the production of its popular 737 MAX planes amid the safety crisis.
Calhoun said that Boeing was asserting control over its manufacturing discipline and had plans to acquire Spirit AeroSystems, its fuselage supplier, later this year.
"Near term, yes, we are in a tough moment," Calhoun said in a note to employees Wednesday, per CNBC.
"Lower deliveries can be difficult for our customers and for our financials. But safety and quality must and will come above all else. We are absolutely committed to doing everything we can to make certain our regulators, customers, employees, and the flying public are 100 percent confident in Boeing."
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