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Stock impact report

European airlines' hot summer belies sector clouds [Reuters]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Reuters
LONDON, April 23 (Reuters Breakingviews) - This summer, European airlines may find that fewer planes mean more profit. Airbus (AIR.PA) New Tab , opens new tab and Boeing's (BA.N) New Tab , opens new tab supply chain issues , on top of regulatory scrutiny at the embattled U.S. manufacturer, mean that customers like 23 billion euro Ryanair (RYA.I) New Tab , opens new tab won't get as many aircraft as they might like. That could mean higher air fares, and chunkier net-income margins for carriers that can keep in-demand routes in service. The only problem is that it may prove a short-term boost as part of a shakier glide path. Planes are scarce. Airbus is likely to hand over fewer commercial aircraft in 2024 than it did in 2019, due to ongoing supply chain issues. Meanwhile, under-fire rival Boeing saw its March deliveries halve from the year before as regulators stepped up factory checks. Ryanair said last week that it expected to receive 40 new Boeing jets by mid-July, compared Show less Read more
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