Battle for Air Superiority Continues as Boeing (BA) May Lose Key Wide-Body Order
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Boeing (NYSE: BA) is lower in early trading Monday following reports the it might miss out on a large deal from a noted European carrier.
Reuters reports that British Airways (BA) might opt to go with the Airbus A350 aircraft in a deal that could best the $7 billion level. The decision could come as Boeing works to put its 787 Dreamliner fleet back into operation following battery issues that led to a grounding order in several key markets.
What makes the potential order particularly tough in the long history BA and Boeing have. BA has been a long-time buyer of Boeing-specific wide body aircraft, but the latest mews might have BA looking in a new direction.
In total, Reuters speculates that BA might order 20 A350-1000s with a market price of $332 million each.
The A350 would be a counterpart to Boeing's 777 line. Boeing is working to debut a more-efficient version of the jet, called the 777x, but has yet to begin production on the aircraft. Some speculate that a large BA order going to Airbus might speed up the process.
Shares of Boeing are down 0.4 percent Monday morning, paring some of its earlier losses.
Reuters reports that British Airways (BA) might opt to go with the Airbus A350 aircraft in a deal that could best the $7 billion level. The decision could come as Boeing works to put its 787 Dreamliner fleet back into operation following battery issues that led to a grounding order in several key markets.
What makes the potential order particularly tough in the long history BA and Boeing have. BA has been a long-time buyer of Boeing-specific wide body aircraft, but the latest mews might have BA looking in a new direction.
In total, Reuters speculates that BA might order 20 A350-1000s with a market price of $332 million each.
The A350 would be a counterpart to Boeing's 777 line. Boeing is working to debut a more-efficient version of the jet, called the 777x, but has yet to begin production on the aircraft. Some speculate that a large BA order going to Airbus might speed up the process.
Shares of Boeing are down 0.4 percent Monday morning, paring some of its earlier losses.
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