China Airlines Weighs Airbus And Boeing Options For Fleet Renewal: Report
Portfolio Pulse from Nabaparna Bhattacharya
China Airlines is reportedly considering Boeing's upgraded 777 and Airbus's A350-1000 for its fleet renewal. The company is looking to replace its 10 Boeing 777-300ERs but has not specified a timetable for the upgrade. China Airlines has over 85 aircraft, including 23 freighter jets. The company's ten 777-300ERs have a median age of about 8.3 years.
August 30, 2023 | 3:07 pm
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POSITIVE IMPACT
Boeing's stock could be positively impacted if China Airlines chooses its upgraded 777 for fleet renewal.
If China Airlines chooses Boeing's upgraded 777 for its fleet renewal, it could lead to a significant order for Boeing, potentially boosting its stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Airbus's stock could be positively impacted if China Airlines chooses its A350-1000 for fleet renewal.
If China Airlines chooses Airbus's A350-1000 for its fleet renewal, it could lead to a significant order for Airbus, potentially boosting its stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80