Boeing Reportedly Restarts 737 Max Production Amid Turbulent Year
https://www.zerohedge.com/markets/boein ... ulent-year
“Boeing—there’s a really good note out by Bernstein today saying once Boeing gets the momentum going, you can’t stop it. That last quarter was good.
I’ve got to tell you, Kelly Ortberg—nice guy—I was concerned that perhaps the difficulties there would overwhelm him. I think he’s taming them, David.
I think Boeing has a multi-year runway, haha, and I think therefore you should be buying Boeing. And remember, David, you got me out of Boeing at 260—I never forgot it.”
Over the past couple of years the stock rebounded from operational challenges and had surged on improved free cash generation from increasing order activity, driven by global demand for aircraft.
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