Tag

Commercial Aerospace

All articles tagged with #commercial aerospace

business-aviation2 years ago•2 min saved

Boeing's 737 Max Woes: Impact on Spirit AeroSystems and Alaska Airlines

Spirit AeroSystems' stock fell 8.1% as investors reacted to the grounding of Boeing's 737 Max 9 planes, with Truist analyst Michael Ciarmoli highlighting the company's exposure and potential pressure. Other commercial aerospace suppliers, including Astronics Corp., Triumph Group Inc., Howmet Aerospace Inc., Ducommun Inc., and Hexcel Corp., also saw stock declines due to their revenue exposure to the 737 Max 9. Meanwhile, FTAI Aviation Ltd. may benefit from providing aircraft-leasing services as airlines seek replacements for the grounded 737s.

via MarketWatch|

#boeing-737-max-9 #business-aviation #commercial-aerospace

business3 years ago•2 min saved

Paris Air Show Highlights Future of Sustainable Aviation.

Despite record-setting orders at the 2023 Paris Air Show, stocks of Boeing, Airbus, General Electric, and Raytheon Technologies all dropped by almost 4%. The losses may be attributed to investors buying the rumor and selling the news, as well as labor trouble at Spirit AeroSystems and continuing supply chain challenges. However, demand for commercial aerospace remains strong, making production up and down the value chain the most important issue for investors to follow in the coming months.

via Barron's|

#airbus #boeing #business

business3 years ago•0 min saved

Boeing's Q1 Earnings Report: Mixed Results and Steady Outlook.

Boeing is set to report its latest quarterly results, with Wall Street expecting a per-share loss of $1.07 and sales of $17.6 billion. While investors hope for a drama-free earnings "beat," it may be too much to expect given the company's previous per-share loss of $2.75 from sales of $14 billion.

via Barron's|

#boeing #business #commercial-aerospace