Airbus Soars Past Boeing in Value as Safety Concerns Plague Rival
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Airbus has surpassed Boeing in market value and stock price stability due to Boeing's recent safety issues.
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Airbus CEO stated that Boeing's issues hurt the whole industry's reputation; safety is paramount.
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French Finance Minister openly prefers Airbus for safety reasons, given the government's stake.
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Analysts believe Boeing stock is undervalued and could rebound over 42% if safety issues are resolved.
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InvestingPro data shows Airbus has capitalized on Boeing's struggles but Boeing has higher growth potential prospects.