In the competitive world which is the aerospace manufacturing industry, two companies continue to jockey for top spot amid heightened demand for aircraft and an airline industry which is in overdrive right now.
With management of both Boeing Co. (NYSE:BA) and Airbus SE (AIR) both providing investors with guidance ahead of releasing earnings in the next few weeks, investors are beginning to get a better picture of how the airplane manufacturing business has treated both firms, and what can be expected from the upcoming earnings reports for both firms.
This week, Boeing announced it delivered 763 airplanes in 2017, a number which is widely expected to keep Boeing in the global market share lead, as it competes to grow its market share base globally. The company's staggering order backlog was also buffered this year by an additional $135 billion in new orders for more than 900 new airplanes, providing a solid base for long-term growth, securing medium-term demand for investors concerned about any potential hiccups in this sector.
Boeing has remained a top pick of mine for some time now, largely due to the stability of the company's cash flows and the ability of Boeing to continue to improve on operational efficiencies while maintaining world-class order numbers year in and year out. While Airbus does trail Boeing in most key fundamental categories, I would expect 2018 to be another strong year for the two firms as the global airline sector continues to take off.
Invest wisely, my friends.
