Boeing's Market Valuation Slumps $24 Billion Below Airbus in Widest-Ever Gap

Boeing's Market Valuation Slumps $24 Billion Below Airbus in Widest-Ever Gap

Boeing's stock price has fallen 29 in 2024, pushing its market valuation to $24 billion, below Airbus's at $112 billion. This is the widest-ever valuation gap between Boeing and Airbus. Boeing has traditionally been larger than Airbus since 2000, but issues with its aircraft have reversed its position. Boeing delivered 27 planes in February while Airbus delivered 49. United and Delta have signaled moving away from Boeing, seeking Airbus's A321 instead.


User: Benzinga

Views: 531

Uploaded: 2024-03-13

Duration: 00:33

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