Southwest Airlines Could Order Hundreds More Boeing 737s
After facing a sales slowdown last year, Boeing (NYSE: BA) has benefited from a rebound in order activity in 2017. As usual, the popular 737 family of narrowbody jets has led the way.
Last week, Boeing lost out on a big potential order for the next-generation 737 MAX, as Delta Air Lines opted to buy 100 Airbus A321neos instead. Some pundits saw this as a major blow to Boeing. However, Boeing could be in line for hundreds of additional 737 MAX orders within the next couple of years from one of its best customers: Southwest Airlines (NYSE: LUV).
Today, Southwest Airlines is the fourth largest airline in the U.S., with annual revenue of more than $21 billion. Nevertheless, the company has enormous growth potential.
Source: Fool.com
Southwest Airlines Co. Stock
€24.29
-1.520%
Currently there is a rather positive sentiment for Southwest Airlines Co. with 14 Buy predictions and 6 Sell predictions.
With a target price of 33 € there is a positive potential of 35.89% for Southwest Airlines Co. compared to the current price of 24.29 €.
