Investing.com - Financial Markets Worldwide
💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

Boeing shares could fall 15 percent if sales slow -Barron's

Published 2016-05-22, 02:13 p/m
© Reuters. Boeing shares could fall 15 percent if sales slow -Barron's
BA
-
AIR
-
BBDb
-

May 22 (Reuters) - Boeing (NYSE:BA) Co's BA.N stock could fall as
much as 15 percent if sales of its aircraft fall on weakening
demand, according to a report on Sunday in the financial
publication Barron's.
Airlines and leasing companies are using planes longer and
delaying orders for new aircraft, the publication said.
Low oil prices have also reduced the need to buy updated,
more fuel-efficient planes, it added.
Boeing generates roughly two-thirds of its revenue from
commercial aircraft, and the remainder from its defense
business.
Demand for Boeing's 737 planes remains strong despite
competition from Airbus Group SE AIR.PA and Bombardier Inc
BBDb.TO .
However, its 777 and 787 models are at greater risk,
Barron's said.
Boeing's 787 could face write downs because initial costs
were high and sales have slowed, it added.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.