Boeing (BA) did not want to leave anything to doubt. Instead of forecasting the next quarter, or even the next year, the big aerospace company said that it sees two years of rising profits and revenue growth. That is the great thing about having orders in hand for products that take close to forever to build.
Boeing’s 787 has simply caught rival Airbus flat footed. It may take the European firm three of four years to recover.
Long runway.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
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