Original title:Boeing(BA.US) Is in trouble over how to rebuild passenger aircraft sales Source: Zhitong Finance
The Zhitong Finance App learned that Boeing (BA.US)'s share of the single-channel airliner market has dropped from 50% ten years ago to 35% now, and “faces a multi-billion dollar dilemma” on how to rebuild sales of its core airliner business.
Analysts warn that the US may cede a large part of the market to Europe, but according to reports, Boeing is not ready to confirm the development of a new aircraft to counterAIRBUSA321neo's plans, and the two leading options, “move now or wait until later,” have financial and strategic risks.
According to reports, Boeing has accumulated mountains of debt and spent nearly 20 billion US dollars in cash during the recent predicament.