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Wide-Body Jet Orders Jump at Airbus and Boeing in July
The downturn in orders at Airbus and Boeing this year hasn't affected the pricey wide-body jets that they're most desperate to sell.
The safety crisis surrounding the 737 MAX this year has put a damper on order activity for the latest version of Boeing's (NYSE:BA) workhorse single-aisle jet. More surprisingly, Airbus (OTC:EADSY) has also reported fairly weak order activity for its competing A320neo aircraft family during 2019.
Those trends continued last month. Nevertheless, July could be considered a successful month for both aircraft manufacturers, as they saw solid order activity for their wide-body jets, which carry higher price tags and tend to have thinner order backlogs.
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https://www.fool.com/investing/2019/08/1...-in-j.aspx
The downturn in orders at Airbus and Boeing this year hasn't affected the pricey wide-body jets that they're most desperate to sell.
The safety crisis surrounding the 737 MAX this year has put a damper on order activity for the latest version of Boeing's (NYSE:BA) workhorse single-aisle jet. More surprisingly, Airbus (OTC:EADSY) has also reported fairly weak order activity for its competing A320neo aircraft family during 2019.
Those trends continued last month. Nevertheless, July could be considered a successful month for both aircraft manufacturers, as they saw solid order activity for their wide-body jets, which carry higher price tags and tend to have thinner order backlogs.
........................
https://www.fool.com/investing/2019/08/1...-in-j.aspx
