Boeing and B/E Aerospace gain, AAR Corp and BAE Systems weaker
Boeing’s shares gained 0.5% and Airbus parent EADS eased 1.5% yesterday. Air China is reportedly in discussions with both manufacturers regarding an order for new widebody aircraft, including A350 and B787 aircraft, according to a Dow Jones report.
In other supplier highlights yesterday:
B/E Aerospace shares are currently trading above the 50-day moving average of USD26.68 and above the 200-day moving average of USD24.90, according to SmarTrend.
BAE Systems (-2.9%) was also lower as it confirmed yesterday that it completed the acquisition of all of the stock of Atlantic Marine Holding Company, a ship MRO and construction provider, for USD352 million in cash.
Selected Original Equipment Manufacturers daily share price movements (% change): 14-Jul-2010
Selected Aviation Suppliers & Leasing daily share price movements (% change): 14-Jul-2010