|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||137.14 - 137.14|
|52-week range||69.00 - 140.00|
|Beta (5Y monthly)||1.87|
|PE ratio (TTM)||30.08|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Apr 2020|
|1y target est||N/A|
Airbus (OTC: EADSY) has navigated the COVID-19 pandemic with much greater ease than top rival Boeing (NYSE: BA). The European plane maker has consistently delivered dramatically more commercial aircraft than its American counterpart, and its backlog advantage over Boeing has grown. Last year, Airbus delivered 566 commercial jets.
Indian billionaire Rakesh Jhunjhunwala's plan to launch an ultra-low-cost airline, could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet Airways, two years ago, industry executives say. Jhunjhunwala, known as "India's Warren Buffett" for his successful stock investments, plans to team up with former CEOs of IndiGo, the country's biggest carrier, and Jet Airways to tap into demand for domestic air travel. While Jhunjhunwala's Akasa Air comes at a time when India's aviation industry is reeling from the impact of the pandemic, with airlines losing billions of dollars, the sector's long-term prospect makes it a hot market for planemakers Boeing and Airbus.
Spirit AeroSystems' (SPR) top line in the second quarter is expected to have been positively impacted by improved shipset delivery numbers.