Investors and analysts closely watch the number of planes Boeing turns over to airlines and leasing firms for hints on the company’s cashflow and revenue. Photo: ReutersBoeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world’s biggest planemaker for the seventh straight year. The company’s shares rose as much as 3.9% to $340.90 and were the biggest percentage gainer on the Dow Jones Industrial Average. In October, its biggest supplier Spirit AeroSystems Holdings Inc said it was back on track to meet the surging demand for its aircraft parts. Orders for Boeing and Airbus are seen down compared to 2017 as airlines fret over trade tensions and the slowing global economic growth.

Source: Mint January 08, 2019 18:00 UTC