Stock News

Airbus SE to End the Year with a Win

Despite the successive setbacks that transpired during the year, Airbus SE plans to end the year with an optimistic outlook.

According to the latest report, the aircraft manufacturer expects to hail as the world’s biggest jet maker for 2020.

Should the projection turn out to be true, this will be the second consecutive year that the firm held the first spot, ahead of Boeing.

With only a few days left for 2020, experts in the field noted that the firm might hit 550-560 units during the year’s deliveries.

It currently holds 520 units delivered so far. It is ignited by the resumption of orders from Emirates on its wide-body A380 plane.

On the other hand, the emerging threat on the new strain of the COVID-19 might pose a break on the already stimulated business.

The airline uses the same aircraft model for its London-bound flight.

Related Post

With the current situation, experts noted that the client might request another hiatus in the delivery. However, they have not decided yet as the situation is still in its early phase.

It is Not Yet Game Over for Boeing

Boeing’s untimely setback came after the successive crashes of its 737 max, which led to the unit’s regulatory grounding.

In November, the Federal Aviation Administration gave its signal to get the plane to fly again.

The EU recently noted that the controversial plane is now safe to take off in its skies. The company is scheduling to receive flying approval.

With the breakthroughs unfolding to its advantage, analysts noted that Boeing still has a shot at recovering the driver’s seat.

In the latest developments, Alaska Airlines became the first carrier in the United States to place an order for the 737 Max with two dozens on the line.

We expect more airlines to emulate this event, signifying that confidence in Boeing’s superior technology is there to stay.

User Review
0 (0 votes)

Recent Posts

  • Commodity News

Oil Mixed as Traders Anticipate the US to Replenish Its SPR

On Thursday, oil prices were mixed amid speculation that the US would soon restock its…

16 hours ago
  • Technology News

Microsoft Signs Deal to Power AI Ambitions with Renewables

Microsoft has inked a renewable energy deal with Brookfield Asset Management with hopes of powering…

17 hours ago
  • Stock News

Asian Stocks Gain on Tech Surge Ahead of US Nonfarm Payrolls

Asian stocks traded higher on Friday, with the tech sector taking the lead following better-than-expected…

19 hours ago
  • Technology News

Tesla Withdraws Next-Gen Gigacasting Manufacturing Process

Tesla has reportedly retreated from its ambitious plan for innovations in gigacasting its developing manufacturing…

2 days ago
  • Broker News

Dukascopy Sees Dip in 2023 Profits, Netting CHF 1.3 Million

Dukascopy Bank SA noted a net profit of CHF 1.3 million last year amidst market…

2 days ago
  • Commodity News

Cocoa Crashes as Traders Delay Purchases from West Africa

On Wednesday, cocoa prices plunged after a liquidity crunch forced traders and speculators to postpone…

2 days ago

This website uses cookies.