|Day's range||211.40 - 212.64|
|52-week range||126.31 - 212.64|
|PE ratio (TTM)||26.14|
|Earnings date||26 Jul. 2017|
|Dividend & yield||5.68 (2.68%)|
|1y target est||204.32|
This year's Paris Air Show at Le Bourget has proved a "good vintage" with orders up 13 percent though fewer visitors showed up, organisers said as the event wound down Sunday. Tight security owing to an ongoing state of emergency in the wake of several terror attacks in France in the past 18 months saw the number of visitors slide compared with the last edition two years ago -- the event alternates with Farnborough in England. Boeing managed to outpace its rival thanks to its new 737 MAX 10 airliner, taking in a total of 571 orders and commitments, with the plane aimed at the biggest part of the commercial airline market -- single-aisle aircraft for medium-range flights.
Boeing outpaced its rival Airbus in terms of new orders at this year's Paris Air Show thanks to its new 737 MAX 10 airliner, taking in a total of 571 orders for nearly $75 billion. The 737 MAX 10 is aimed at the biggest part of the commercial airline market -- single-aisle aircraft for medium-range flights -- and scooped up 326 orders worth nearly $40 billion at list prices as the jet promises even more fuel economy thanks to improvements to aerodynamics and engine performance. "This wide market acceptance endorsed the 737 MAX 10 as the industry's most efficient and profitable single-aisle airplane," Boeing said in a statement.
Airbus and Boeing wheeled out the usual round of order announcements at the Paris Air Show on Wednesday, but alongside the big ticket purchases, the aerospace rivals are also eyeing the lucrative maintenance and servicing market as they seek to boost growth. Boeing finalised an order for three 787 Dreamliners to Israeli carrier El Al and inked a memorandum of understanding with leasing company Air Lease Corporation for 12 737 MAXs, while Airbus announced $1.5 billion in orders for Hungarian budget carrier Wizz Air and Portuguese charter airline Hi Fly. Away from the order books, Airbus and Boeing are targeting the service and maintenance market as a means of boosting business, with the global fleet of planes on course to double by 2036.