21.05.2020 Boeing Daily Analysis

21.05.2020 Boeing Daily Analysis

Boeing is trading at $133.32, went up with $2.88 mainly because it has appointed Mike Delaney, VP Digital Transformation, to develop health-safety policies and procedures for passenger aircraft in the new Covid-19 era. Delaney is to work with airlines, global regulators, passenger groups, infectious disease experts and behavioral specialists to create industry-wide safety recommendations. The team will also study whether current disinfectants and sanitizers are safe to use on aircraft flight decks and cabins. Boeing is looking to enhance its existing aircraft air filtration systems, which it said are already equivalent to those used in hospitals and industrial clean rooms in terms of their efficacy in removing viruses, bacteria, and fungi from the air before it’s recirculated throughout the cabin.  In addition, Boeing will dedicate research toward developing new in-cabin air and surface disinfectant technologies, including ultraviolet light and anti-microbial coatings for “high-touch” surfaces, and this has made the shares of Boeing to trader higher today.