波音

Boeing: aerospace group still faces headwinds

More deliveries and higher demand for maintenance are offset by continuing manufacturing issues

Travel is up in the air again. This time it’s good news for Boeing. The US aerospace group burnt through cash flow of just $507m during the third quarter, compared with negative free cash flow of $5bn in the same period a year ago. An increase in commercial aeroplane deliveries and demand for aircraft maintenance services have also helped the company to narrow its losses.

These both bring a welcome change. Over the past two years, Boeing has lurched from one crisis to another. Its 737 Max airliners were grounded following two fatal crashes. Its wide-body 787 was also hit by production issues followed by the collapse in air travel during the pandemic.

Though Boeing still has a long way to go before it can reclaim its former glory, its shares price shows plenty of optimism. After a one-third rally in its price over the past year, the stock now trades at 35 times 2022 earnings. Arch-rival Airbus has a multiple of just 21 times.

您已阅读49%(936字),剩余51%(981字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×