Tag: 737 max
On Wednesday, Southwest Airlines (LUV) stock rose 1% and outperformed most of its peers' intraday gains. The stock outperformed the broader market as well.
Boeing stock survived the market sell-off on August 23. It gained on the day in anticipation of its troubled 737 MAX jets flying once again in October.
Southwest Airlines (LUV) stock gained 3.3% Friday after Wolfe Research analyst Hunter Keay upgraded his rating to “outperform” from “peer perform.”
Problems with 737 MAX planes have continued to impact Boeing’s commercial aircraft deliveries. Its commercial aircraft shipments plunged in July.
The worldwide flying ban on Boeing’s 737 MAX planes has entered its sixth month, hurting every airline that either owns or has ordered the model.
Delta Air Lines (DAL) may be an interesting investment choice right now, given the many factors that could boost its stock price in the near term.
Boeing CEO Dennis Muilenburg expressed optimism over the 737 MAX’s Q4 return to service. Boeing plans to submit the MAX certification packages next month.
Boeing’s problems could be set to intensify given the recent escalation in the trade war between the US and China.