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0.000800147719578971 0.00138487105311764 0.00412383824706109 0.00575490859851051 0.00560903551424885 0.0102788207053611 0.015572105619499 0.0168037176094049
Stock impact report

Airbus Lifts A350 Rate, Highlighting Edge Over Boeing [BNN Bloomberg (Canada)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as it reported figures for the first quarter. Earnings before interest and tax reached €577 million ($619 million), missing the €814 million forecast by analysts in a Bloomberg survey, amid higher costs. The company had a free cash outflow of €1.79 billion because of higher inventory created in preparation for increased production, as well as an aggressive hiring spree. Revenue rose to €12.8 billion, and the company reiterated its guidance issued in February. Airbus has enjoyed a smoother start to the year than Boeing, which has been mired in crisis following a near-catastrophic accident early in January. As a result, the US planemaker has taken up much of the public attention in the global planemaking duopoly, while Airbus has quietly pressed its advantage, picking off orders from Boeing loyalists clamoring for more planes. Still, Airbus continue Show less Read more
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