Boeing: Hope for September

The crisis-shaken Boeing 737 MAX is back in the air. The aircraft manufacturer has carried out the first test flights together with the US air traffic control agency. The plane was last out in March 2019. Then after two crashes the flight was prohibited. Since then, 380 machines have been on the ground. The authority will analyze the data collected after the current test flights. It could then be released in September.

Boeing experienced a setback with the orders. Norwegian has canceled the order for 92 MAX aircraft. The list price was more than $ 10 billion. Norwegian also wants compensation from Boeing. This is another challenge for the aircraft manufacturer. Other companies could do the same in the future.

DZ Bank analysts therefore stick to the sell recommendation for Boeing shares. The price target for the paper increases from $ 130.00 to $ 135.00.

In addition to the MAX problems, Boeing must also combat the consequences of the pandemic. There may be delays in deliveries here. For this reason, further cancellations of aircraft cannot be ruled out.


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