Boeing sees blue skies ahead


No question that Boeing (BA) has been going through a rough patch. The day I signed a contract to write a book about Boeing, its stock peaked at $105 and it has since bottomed out at $30, in March 2009. But recently, the stock has pulled up, and is now trading near $42. What I find most encouraging is that Boeing has faced and overcome one of the single biggest problems under its control -- the two year delay in its new aircraft, the $10 billion 787 Dreamliner program, which will offer an aircraft with 20 percent greater fuel economy and more passenger comfort.

Originally published