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25.05.2020 BOEING Daily Analysis

Boeing today is trading at $37.53 it is trading low at $1.47 mainly because The future of the 737 Max continues to be uncertain. From the supply side, the

Yazar: editor_1

Yayınlanma: 25 Mayıs 2020 17:19

Güncellenme: 5 Kasım 2024 16:44

25.05.2020 BOEING Daily Analysis

Boeing today is trading at $37.53 it is trading low at $1.47 mainly because The future of the 737 Max continues to be uncertain. From the supply side, the company expects to produce 125 new 737 Max's by year-end. By some measures, this may seem optimistic, but in any case, this won't matter until the FAA approves the 737 Max for flight. There is still much uncertainty regarding when this will happen. Bloomberg recently reported that the FAA has the intention to introduce reforms and update their regulations, but nothing is mentioned about when we can expect the 737 Max recertification flights to come back.
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