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Tuesday, August 16, 2022

Time For Catch-Up Trades; Analyzing Boeing Co (BA)

This week, fresh aircraft orders brought attention to The Boeing Company’s (BA) stock. What is the company’s market position now, after the challenges that Airbus did not have?

Boeing has suffered significantly because of the 737 MAX safety issues and the COVID-19 incident. This resulted in Airbus being the market leader in the narrow-body aircraft sector, which is the most popular kind of airliner in the world.


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The Airbus A320 is now the best-selling aircraft in history, with the European company accounting for 59% of all firm orders. In June, three Chinese airlines bought 290 A320s for a total of $37 billion from Airbus.

At the same time, Boeing has yet to fully repair the 737 MAX airliner’s global reputation, even though several firms have already started flights of these aircraft.

However, it is critical to recognize that no single business can provide all of the demand for narrow-body aircraft. Furthermore, airlines frequently prefer to have more than one model in their fleet to decrease risks in the event of a temporary stoppage of flights.

As a result, despite the unusual excellent circumstances, Airbus expanded monthly production not by two or three times, but to 65 aircraft per month by mid-2023, with manufacturing volume estimated to reach 50-75 per month by 2025.

In comparison, Boeing can presently produce around 30 airplanes every month. Boeing, on the other hand, is receiving fresh orders, and four of the top five US carriers fly at least one 737 MAX.

Delta Air Lines announced an order for 100 737 MAX aircraft on Monday, July 18, with an option for an extra 30 aircraft. It was a long story: Delta Air Lines tested the A320neo against the 737 MAX in 2017. The company ultimately picked Airbus planes, purchasing 155 of them.

However, following the decommissioning of hundreds of outdated aircraft during the COVID-19 period, the firm chose luxurious Boeing liners.

So, Boeing wasted time and money, but not the market. Furthermore, Boeing has a military business that can offset some of the losses.

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