Boeing stock (BA) struggled during the week's opening trading session after a subsidiary of state-owned Saudi Arabian Airlines canceled a $5.9 billion, 30-jet order in the wake of the 737 Max controversy. Boeing’s loss looks like the Airbus A320's gain, in what could be an alarming trend for BA bulls. Boeing Stock Bruised But Resilient There are two very different realities playing out for Boeing...
Stop me if you’ve heard this one before: Donald Trump lashes out on Twitter to savage another government’s trade regime, and the Dow Jones Industrial Average drops by triple digits. No, the president didn’t lob another volley of insults at China as the two sides seemingly near a historic trade deal, but Trump may have just dropped the teaser trailer for the sequel - and Wall Street didn't like...
The iconic superjumbo A380 launched by European plane maker will stop delivering from 2021. Why? Nobody wants them. Interestingly, the company's stock rose 4.31 percent in early morning trading in Euronext ParisA rising from €103.06 to €108.80. Airbus CEO Tom Enders said in an official statement: We have no substantial A380 backlog and hence no basis to sustain production, despite all our sales...