The aviation industry has been experiencing some interesting developments lately. Boeing’s stock has seen a significant increase over the past five days, while Airbus’ stock price is also on the rise today. Additionally, Lufthansa recently made a massive order of USD 9 billion for both Boeing and Airbus. These developments have caught the attention of investors and industry enthusiasts alike with impact on Boeing stock and Airbus stock too,
The aviation industry is a highly competitive sector, with Boeing and Airbus being the two major players. Their stock prices and business deals often reflect the overall health and performance of the industry. Investors closely monitor these developments to make informed decisions about their portfolios.
In this article, we will delve into the recent performance of Boeing and Airbus stocks and explore Lufthansa’s significant order. We will analyze the possible factors behind these developments and discuss their potential implications for the aviation industry as a whole.
Lufthansa is increasing today +1.05% at 8.05 EUR.
Lufthansa Group orders 80 short- and medium-haul aircraft around USD 9 billion up to 2032
Lufthansa announced on Tuesday, December 19, 2023, that it has placed an order for 80 short- and medium-haul aircraft from Boeing and Airbus, valued at approximately $9 billion at list prices. The deal comprises 40 Boeing 737-8 MAX and 40 Airbus A220-300 aircraft, which will be delivered over the period from 2026 to 2032:
− Purchase of 40 Boeing 737-8 MAX and 60 purchasing options
− Purchase of 40 Airbus A220-300s for Lufthansa City Airlines and 20 purchasing options
− Purchasing options for 40 aircraft from the Airbus A320 family
− Deliveries from 2026 to 2032
− Firm orders totaling around USD 9 billion at list price
Lufthansa’s decision to split the order between Boeing and Airbus reflects the carrier’s desire to diversify its supplier base and optimize its fleet composition. The 737-8 MAX is a proven narrow-body aircraft with a strong track record of efficiency and reliability, while the A220-300 offers modern cabin features and a competitive fuel burn.
This order marks a significant step forward in Lufthansa’s fleet modernization program, which aims to replace older, less efficient aircraft with newer, more fuel-efficient models. The new aircraft will contribute to Lufthansa’s goal of reducing its carbon emissions by 50% by 2035 compared to 2019 levels.
The order also demonstrates Lufthansa’s commitment to its German and European roots. Both Boeing and Airbus have significant manufacturing operations in Germany, and the order will support thousands of jobs in the country.
Overall, Lufthansa’s decision to place an order for 80 short- and medium-haul aircraft from Boeing and Airbus is a positive development for the airline, its customers, and the aviation industry as a whole. The new aircraft will help Lufthansa to operate more efficiently and sustainably, while also supporting the German and European economy.
Boeing Stock increase +5.00% In Past 5 Days to 260.41 USD. Airbus Stock price is increasing today +0.20%
Lufthansa’s decision to split the order between Boeing and Airbus reflects the carrier’s desire to diversify its supplier base and optimize its fleet composition. The 737-8 MAX is a proven narrow-body aircraft with a strong track record of efficiency and reliability, while the A220-300 offers modern cabin features and a competitive fuel burn.
This order marks a significant step forward in Lufthansa’s fleet modernization program, which aims to replace older, less efficient aircraft with newer, more fuel-efficient models. The new aircraft will contribute to Lufthansa’s goal of reducing its carbon emissions by 50% by 2035 compared to 2019 levels.
The order also demonstrates Lufthansa’s commitment to its German and European roots. Both Boeing and Airbus have significant manufacturing operations in Germany, and the order will support thousands of jobs in the country.
Overall, Lufthansa’s decision to place an order for 80 short- and medium-haul aircraft from Boeing and Airbus is a positive development for the airline, its customers, and the aviation industry as a whole. The new aircraft will help Lufthansa to operate more efficiently and sustainably, while also supporting the German and European economy.
Boeing Stock Price
- The past 5 days: Boeing stock price increased by 5.00%.
- Today’s price: Boeing stock price is currently at 260.41 USD.
Interpretation:
- 5.00% increase: This means that Boeing stock price is 5.00% higher than it was 5 days ago.
- 260.41 USD: Today’s price is a new high for Boeing stock.
Reasons for the increase:
- The recent order from Lufthansa: The order from Lufthansa is a vote of confidence in Boeing, and it is likely to have a positive impact on the stock price.
- The overall health of the aviation industry: The aviation industry is recovering from the COVID-19 pandemic, and this is likely to boost Boeing’s stock price.
Airbus Stock Price
- Today’s price change: Airbus stock price is increasing by 0.20% today.
Interpretation:
- 0.20% increase: This is a relatively small increase, but it is positive news for Airbus.
Reasons for the increase:
- The recent order from Lufthansa: The order from Lufthansa is a positive development for both Boeing and Airbus, and it is likely to boost Airbus’s stock price as well.
- The overall health of the aviation industry: The aviation industry is recovering from the COVID-19 pandemic, and this is likely to benefit both Boeing and Airbus.
