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By July 2021, Boeing had a 52% share of the widebody backlog compared to 48% for Airbus. The ultra-long-range variants of new types enable new routes between far away city pairs: the 9,700 nmi Airbus A350-900 ULR entered service in 2018 and the 8,700 to 9,100 nmi (16,100 to 16,900 km) Boeing 777-8 is expected in 2022.
United Airlines shares initially were pummeled when the carrier had to ground dozens of 737-9 Max jets, but they rallied after Boeing agreed to compensate United for lost revenue. Southwest took a ...
In a Boeing update, he reiterated his buy recommendation on the shares with a price target of $225 apiece. That implies a 27% upside within the next 12 months from the current price. Deuschle's ...
Boeing reported a first quarter core, or adjusted, loss per share of $1.13, narrower than the $1.72 estimated, on revenue of $16.57 billion, which was above forecasts of $16.25 billion but an 8% ...
The Boeing 737 MAX groundings has had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until January 2020, when they halted until the aircraft was reapproved by ...
The Boeing Company (or simply Boeing) ( / ˈboʊɪŋ /) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. [5] The company also provides leasing and product support services.
Boeing stock rose on Wednesday ... The company reported an adjusted loss per share of $0.82, narrower than the $0.85 loss expected. Boeing’s Q2 revenue figure was 18% higher than a year ago.
For the fourth quarter, Boeing reported an adjusted per-share loss of 47 cents, narrower than analysts' estimates of a loss of 78 cents, as per LSEG data.
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