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Boeing ups outlook on 52% profit jump

Date:
July 23, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Commercial aircraft deliveries rose seven percent at Boeing, prompting the aerospace company to boost full-year profit guidance- though quarterly revenues missed analyst estimates. Bobbi Rebell reports. Video provided by Reuters


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last updated on 2014-10-23 at 5:08 am EDT

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TheStreet (July 15, 2014) — It is day two of the Farnborough Air Show and jetmakers are raking it in. But some have been winners more than others. Airbus Group has a lead over Boeing after receiving a string of orders which totaled a record $21 billion. Of those announced, SMBC Aviation filed a major order for 115 A320 aircraft, worth around $11.8 billion, an order for 43 A320 aircraft from BOC Aviation, a subsidiary of Bank of China, and deals from leasing companies Air Lease Corporation and IAG for a combined 105 aircraft. Boeing could hit back though. The company is reportedly close to inking $9.2 billion in deals. TheStreet's Keris Lahiff reports from New York. Video provided by TheStreet
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Ryanair Agrees Bumper Boeing Order

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