LogFAQs > #936188941

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red13n
03/25/20 2:36:44 AM
#345:


UltimaterializerX posted...
Just get in on Boeing ASAP tomorrow and you're fine.

I'm not buying on Boeing. They were on a downward trend when this all went down. While no one is going to let Boeing go under I think the Airlines themselves have a bit more protection right now(There are so few of them now). Boeing has competition these Airlines will be flying capacity planes of non-Boeing models by the end of the year. Will it go up to 400 again? Maybe. Will it be anytime soon? I'm going to say no.

If you want to get in on Boeing, I'd say try to stay ahead and look for them making an announcement of a new large capacity passenger jet. They seem determined to bring the 737MAX back and I think airlines are going to be wary of consumers not having confidence in the plane, or Boeing having to adjust the price to compensate. Not to mention travel for the next year or so will be down significantly, less people will want to fly. Airlines will order less planes but have more control over maximizing profits(Boeing meanwhile will be trying to hawk more 737M closer to cost)

So for now, stick to the airlines is my advice. We know they are masters of sticking it to the customer and the customers being willing parties.

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