Boeing (BA) Loses Large Widebody Order to Airbus (DAL)
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Price: $169.18 -0.76%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 2.4%
EPS Growth %: -28.3%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 2.4%
EPS Growth %: -28.3%
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Boeing (NYSE: BA) is said to have lost out to rival Airbus on a large Delta (NYSE: DAL) order.
According to the Seattle Times, Airbus may have landed an order from Delta Air Lines for 50 widebody jets. The order would contain a mix of 25 Airbus A350-900s and 25 A330-900neos.
Boeing was trying to sell a mix of 777-300ERs and 787-9s.
While the list price is $14.3 billion, discounts would bring the order down to about $6.2 billion.
Delta will expect the A350s in 2017 and the A330s two-years later.
Shares of Boeing are lower in early trading Thursday.
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