Boeing's big year


With all of the fanfare about Boeing Co.'s (NYSE:BA) recent success, it is hard to believe that 2006 will be the first year that it has outsold rival Airbus.

Boeing should ship over 900 planes this year compared to Airbus's 700. Delays in the Airbus super-jumbo 380 have not helped the European company. Sales of Boeing's 777 Freighter and an uptick in 747 orders have helped the company.

But, Boeing's lead may not last. The Airbus 380 is coming online now, and the plane does carry a passenger load much larger than Boeing's new 747-8. And, sales of the Airbus 320 have started to pick up. In November, most of the Airbus planes sold were 320s.

Boeing's stock has stepped up nicely due to both commercial and military orders, but it now sits at close to $90. Just under two years ago, it was below $50.

It may not take much of a resurgence at Airbus to stop the upward movement in Boeing's shares.

Douglas A. McIntyre is a partner at 24/7 Wall St.

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