The Boeing Company BA
Regular-session close
After hours · Nov 13, 7:58 PM ET
- YTD
- -21.01%
- 1 year
- -11.86%
Discussion (5058)
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But we all know how hateful and cooky the House can be so I’m sure their proposal will be looked at closely by the Senate who will submit their own better one.
20 months to find & fix a software issue - it’s fixed the software issue
FAA will lift the ban....the stock should go up.... Any newly formed panel of experts by the House or Senate (once signed by President - in January) will get to sort through all the FAA’s study & findings later and determine whether or not the FAA’s decision was reasonable and prudent.
That sums it up pretty well OP Money. I think we will see a run up to 237 and from there a decline of 5% for the next run up to 266$
234-238$ is the limit near future. 12 months target is 290$
Finally the President would have to sign off on the bill....who’s sitting in the White House tomorrow ... who loves Boeing ... ok
Flying is still 1000 x safer than driving however
Perhaps the FAA should just pass the ball to the “panel of experts” for now....so many planes sitting .... once traffic picks up something could fault....all it takes is one airline mistake - who will they blame?
It’s a nail-biter but safety should always be paramount to profit - I remember people in Asia were selling hot muffins on corners to folks on their way to work .... they found that the muffins were actually 80% cardboard .... or bracelets for newborns (a Latin tradition) contained lead
When the House passes a bill it then moves to the Senate where a majority must agree. The Senate is meeting tomorrow to propose a similar bill as they don’t often agree with the House. I’m thinking they will all decide something very soon but not until after the FAA approves the plane; it has already decided - the bills passed and to be proposed would cover new certifications after something is voted on by the Senate.
