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Wednesday, June 14, 2006

Through TheFLY's Eyes: The Boeing Company
from Theflyonthewall.com

















Airbus vs. Boeing: The Epic Battle Continues...

Boeing (BA) is up in early trading this morning after a 21% drop in Airbus owner EADS on the announcement that Airbus's A380 jet building program will be delayed. Additionally, Airbus partner BAE Systems has announced that it is looking to sell its 20% stake in EADS, but hasn't yet reached an agreement with EADS on price.

Boeing, meanwhile, keeps on rolling, agreeing to sell additional 747-400 freighters to Nippon Cargo last night for approximately $460M at list prices. It should be noted, however, that Boeing may face delays in its 787 jet program, if a Seattle Times report from 6/9 is any indication, so a drop like EADS just had is not out of the realm of possibility.

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