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Old 23rd Sep 2020, 09:19
  #9 (permalink)  
triplese7en
 
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Boeing, strange as it might seem, is in a much stronger financial position than Airbus, because they are far less reliant on the civil aviation market than Airbus is. 66% of Boeing's earnings come from commercial aircraft, as compared with 81% for Airbus. Boeing's earnings per share in 2018 were more than 4X that of Airbus ($18.05 vs $3.94), and operating cashflow was likewise more than 4X higher ($15.32 vs $3.51). Granted, those numbers were pre-737MAX debacle, but they had built a generous cash cushion for themselves, and no one is (yet) talking about an existential crisis for Boeing.
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