Chinese state-owned planemaker COMAC has the opportunity to break Airbus and Boeing's duopoly of the passenger jet market over the next decade, the chief of aircraft leasing company Dubai Aerospace Enterprise (DAE) told Reuters. Airbus and Boeing are the main suppliers of aircraft to airlines, but the European planemaker is struggling to boost production amid record orders and Boeing is under scrutiny from regulators after a mid-air panel blowout on a new plane in January. The narrow-body C919 jet, which is manufactured by the Commercial Aircraft Corporation of China (COMAC) and is pitted against Airbus' A320 and Boeing's 737 MAX, is a "perfectly fine aircraft", Firoz Tarapore said in a recent interview.
Amidst a turbulent week for European markets, where political uncertainty and economic indicators painted a mixed picture, investors are keenly observing potential opportunities. In this context, identifying undervalued stocks such as Airbus on the Euronext Paris could be particularly intriguing for those looking to capitalize on discrepancies between current market prices and intrinsic values.
Investing.com - Boeing (NYSE:BA) is reportedly close to finalizing an agreement to repurchase Spirit AeroSystems (NYSE:SPR), its former subsidiary.