Boeing Options Traders Bet Travel Is The Next Bull Market

Monday, 10 May 2021, 20:20:10
Boeing Co (NYSE: BA ) opened higher Monday following rotation from tech stocks into travel. On Monday afternoon, airline heavy SPDR S&P Transportation ETF (NYSE: XTN ) was trading up 1% while technology ETF PowerShares QQQ Trust (NASDAQ: QQQ ) was trading down 1.5%. Although rotation in the market is keeping S&P 500 near all-time highs, traders may find it difficult to find bullish stocks. It appears institutions may believe re-opening stocks are the next bull market and option traders bet $543,936 the price of Boeing is going higher. See Also: These 3 Airlines Look Bullish Going Into The Week: How To Play them The Boeing Option Trades: Below is a look at the notable options alerts, courtesy of Benzinga Pro : At 9:32 a.m., Monday a trader executed a call sweep, … Full story available on Benzinga.com
— Benzinga

Trans-Atlantic Rivalry Brews Over Airbus A321 Converted Freighter

Monday, 10 May 2021, 16:47:04
A second manufacturer is gearing up to produce Airbus A321 converted freighters in the U.S. this summer, taking on a European engineering firm that is gaining sales momentum eight months after entering the market in the single-aisle freighter segment where the Boeing 737-800 has a three-year head start. The two companies will compete head-to-head as well as against the Boeing product. Aviation experts say the A321 is highly desirable for express delivery and regional air cargo operations. On Thursday, Dublin-based leasing company GTLK Europe ordered four aircraft reconfigured to carry cargo on the main deck, Elbe Flugzeugwerke, the company doing the work, announced. EFW is scheduled to convert three of the aircraft this year and the fourth in 2022. Dresden, Germany-based EFW, a joint venture between Airbus and Singapore's ST Engineering, recently opened a second assembly line in China and said it plans to open another one in the U.S. this year. It has already delivered three of the aircraft — one each to Titan Airways, Qantas Freight and Latvia-based SmartLynx Airlines.
— Benzinga

Replacement Of Aircraft Makers Will Be Brutal

Thursday, 6 May 2021, 16:16:06
The replacement of aircraft makers will be brutal – no not Airbus and Boeing, the other big names, starting with those making light aircraft, then those making regional aircraft. Stuck in the past, these cannot make what is now needed. It is therefore battery eVTOL startup Archer Aviation that just gained a $1 billion order […] The post Replacement Of Aircraft Makers Will Be Brutal appeared first on ValueWalk .
— ValueWalk

Disney And Boeing Fall In A Mixed Day For The Markets

Wednesday, 5 May 2021, 22:42:53
U.S. indices had a mixed day of trading Wednesday as traders and investors continue to weigh comments from U.S. Treasury Secretary Janet Yellen suggested rates may need to rise to prevent the economy from overheating. The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA ) closed higher by 0.23% at $342.28. The Invesco QQQ Trust Series 1 (NASDAQ: QQQ ) closed lower by 0.34% at $329.03. The SPDR S&P 500 ETF Trust (NASDAQ: SPY ) finished slightly higher by 0.03% at $415.75. Here are the day's winners and losers from the QQQ, according to … Full story available on Benzinga.com
— Benzinga

My husband was killed in a Boeing plane crash. Families like mine deserve accountability

Wednesday, 5 May 2021, 17:38:46
While families like mine seek to hold Boeing accountable in court, Boeing has profits to chase and shareholders to please. Much more needs to be done to root out the individuals and the culture they fostered that created this problem.
— CNN