Posted 3/12/2024, 8:24:27 PM
Boeing Falls Far Behind Rival Airbus in Market Value Amid Safety Issues and Production Delays
- Boeing's market valuation has fallen behind Airbus by the widest margin ever, now about $24B smaller
- Boeing had been bigger than Airbus since the latter went public in 2000, until mid-2022
- A string of Boeing airplane accidents, crashes, and issues has led airlines to rethink expansion plans
- Airbus delivered nearly twice as many planes as Boeing last month
- Recent airline commentary indicates Airbus may gain more market share over Boeing
