Weekends
Report- BA- Boeing's 787 Delay Stokes Airbus Rivalry- Sourced WhisperFromWallStreet.com
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Boeing Co.BA
Weekends Report: 41.99 Up 0.11 (0.26%) 7:38PM ET
Boeing's (BA) fresh delay for its long-awaited Dreamliner—its sixth in two
years—could not come at a worse time for the
Customers are complaining publicly about the company's inability to meet its
commitments, as some did at last week's Paris Air Show. And some are going so
far as to move their business to Boeing's archrival, Airbus. The new holdup,
announced on June 23, which Boeing says it decided on last week but apparently
kept under wraps until after the big aviation show, seems likely to cost the
carrier both business and credibility. Its stock sank on the news, down 3, to
43.90, in early trading Tuesday.
About
The Boeing Company, together with its subsidiaries, engages in the design,
development, manufacture, sale, and support of commercial jetliners, military
aircraft, satellites, missile defense, human space flight, and launch systems
and services worldwide. It operates in five segments: Commercial Airplanes,
Boeing Military Aircraft (BMA), Network and Space Systems (N&SS), Global
Services and Support (GS&S), and Boeing Capital Corporation (BCC). The
Commercial Airplanes segment develops, produces, and markets commercial jet
aircraft, as well as provides related support services principally to the
commercial airline industry. Its family of commercial jet aircraft includes the
737 Next-Generation narrow-body model; and the 747, 767, 777, and 787 wide-body
models.
Last Trade: 41.88
Day's Range: 41.50 - 42.78
52wk Range: 29.05 - 69.50
Volume: 15,579,315
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