Where Will Boeing Be in 5 Years?
If you can look past the 737 MAX debacle, Boeing (NYSE: BA) has midterm prospects that appear to be very good. Unfortunately, the grounding of the aircraft has overshadowed a year of otherwise good progress at the company, which continues to lay the groundwork for future improvement. Let's analyze where it could be in five years, with a focus on its commercial operations.
Predicting the state of the global economy in a year's time is hard enough, let alone across a decade -- an important point since the prospects for the Boeing commercial airplanes (BCA) division are always largely reliant on the state of the global aviation markets. If passenger and freight-traffic growth is good, planes get flown more, routes are more profitable, and airlines buy more planes.
Image source: Getty Images.
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