Boeing (BA) Stock Is Under Pressure So Far This Year

The first commercial flight of the 737 MAX airliner was performed late last month by The Boeing Corporation (BA). The delayed return of a troubled airliner to flight for almost two years is an incentive not only for the aircraft maker to raise revenues but also for some airlines.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Since March 2019, Boeing 737 MAX airlines have not carried out commercial operations, although experts have worked to address a control system problem that has led to disastrous accidents. Boeing lost several orders around this period and stock prices dropped sharply. Therefore, a significant landmark was the first commercial flight on Tuesday 29 December.

Currently, by the beginning of 2022, Boeing plans to manufacture up to three hundred 737 MAX each month, although it was previously expected to produce at least fifty. The plane has been re-certified, but several prospective buyers are yet to be persuaded by Boeing to order the 737 MAX.

It may be helpful for certain airlines to buy planes at a period of minimal demand and high inventory volumes. American Airlines Group Inc. (AAL) announced in November 2020 that it will be the first in the United States to fly the 737 MAX. It was her plane that traveled to New York from Miami and back last month. As an aircraft with modern, powerful engines and configuration, the 737 MAX airliner can offer more lucrative air travel.

The Boeing Company (BA) was down -2.66% on Friday to $204.32 while it has lost -4.55% since the start of the year. On the other hand, American Airlines Group Inc. (AAL) which was also down -4.14% to $15.76 on the day was stable this year so far with a slight decline of -0.06%.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Melanie Gerald
I am a previous Investment and Commercial Banker with more than 30 years involvement in the field. I have been prompting the two people and institutional customers on high return speculation techniques since 1991. MY goal is to bring financial specialists the most beneficial and freshest high profit thoughts. My exploration intends to expand returns by recognizing underestimated protections in the High Yield space.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Does Gevo Inc. (GEVO) look like a good stock to buy?

HC Wainwright analysts upgraded their outlook for biofuel producer Gevo Inc. (NASDAQ: GEVO) last week. In the past month, the stock gained 20.97%. In...

Identifying Value and Future Vision in LiveRamp Holdings Inc. (RAMP) Stock

Apple's rejection of these cookies is causing major changes at LiveRamp Holdings Inc. (NYSE: RAMP). On February 16, Ramp shares were selling for $70.89...

Related Articles

Does Gevo Inc. (GEVO) look like a good stock to buy?

HC Wainwright analysts upgraded their outlook for biofuel producer Gevo Inc. (NASDAQ: GEVO) last week. In the past month, the stock gained 20.97%. In...

Identifying Value and Future Vision in LiveRamp Holdings Inc. (RAMP) Stock

Apple's rejection of these cookies is causing major changes at LiveRamp Holdings Inc. (NYSE: RAMP). On February 16, Ramp shares were selling for $70.89...

A New Plant In Germany Will Help BioNTechSE (BNTX) Meet the COVID-19 Vaccine Demand

The company BioNTech SE (NASDAQ: BNTX) started producing coronavirus vaccines at a new facility in Germany, which will help it increase production by around...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.