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Stock impact report

Forecast International Sees New Perspective On Boeing and Airbus Competition

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: PR Web
NEWTOWN, Conn. (PRWEB) April 13, 2020 With Boeing showing a probable near-term loss, plants closing, and the FAA still sitting tight with its order on grounding the 737 MAX, the common belief of many investors is that Boeing is in real tough financial shape and that Airbus is leaping ahead. However, during the daily changing events of COVID-19, analysts at Forecast International, while working remotely, have been continually tweaking their near- and far-term forecasts to reflect the probable outlook for production of large commercial jets, the largest source of revenue for both Airbus and Boeing.With the benefit of Forecast International's Platinum Forecast System, the analysts have been able to quickly examine many near- and long-term scenarios and have come up with some surprising findings! Airbus to Retain Lead in Unit Production – Looking first at a very short-term scenario, 2020-2023, combined output from the two major competitors is expected to slump to 993 total units Show less Read more
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