|Day Low/High||119.15 / 119.68|
|52 Wk Low/High||52.20 / 125.40|
I think BA returns to normal as we do, as the airlines do... but with the defense contracting business as a foundation to rely upon.
I still think the risk/reward scenario favors bets on the long side.
CNBC reports Airbus Americas CEO Jeff Knittel said the coronavirus pandemic is the "most unpredictable" crisis he's seen the airline industry face during his career. My response: No kidding! I'm sure Knittel wasn't fond of the Cowen survey findings...
One question I found particularly interesting revolved around the structure of the equity puts Berkshire Hathaway sold years ago during the financial crisis.
Turbulence with Boeing's MAX jets jolts suppliers.
The Federal Aviation Administration has declined to set a timeline on when it will lift its order prohibiting the troubled aircraft from flying.
The President voiced concerns about industry consolidation in the defense sector and the prospects for competitively priced government contracts, adding a headache for shareholders on both ends of the deal.
Investors should recognize the ripple effect a company like Boeing can bring.
Overall, analysts are optimistic that turnaround timelines will be able to remain on track.
European markets were relatively buoyant this morning, despite falls in Asia overnight. Economic indicators showed the U.K.?s strong recovery is continuing.