Boeing, IndiGo In Negotiations For Wide-Body Jet Order: Report
Portfolio Pulse from Akanksha Bakshi
Boeing Co is reportedly leading in negotiations with Indian carrier IndiGo for an order of approximately 25 wide-body aircraft. IndiGo is considering Boeing's 787 family of twin-aisle aircraft, which is competing against Airbus SE's A330neo jets. The decision has not been finalized yet. Recently, IndiGo placed an order for 500 Airbus narrow-body jets.
August 14, 2023 | 1:30 pm
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POSITIVE IMPACT
Boeing is reportedly leading in negotiations with IndiGo for an order of 25 wide-body aircraft. This could potentially increase Boeing's revenues and positively impact its stock price.
If Boeing secures this deal, it could lead to increased revenues and a potential boost in its stock price. However, the deal is not yet finalized, so there is still some uncertainty.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Airbus SE's A330neo jets are competing against Boeing's 787 for an order from IndiGo. If Airbus loses this deal, it could negatively impact its revenues and stock price.
Airbus is competing against Boeing for an order from IndiGo. If Airbus loses this deal, it could lead to decreased revenues and a potential drop in its stock price. However, the deal is not yet finalized, so there is still some uncertainty.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80