The Boeing Company (NYSE:BA) will sell 50 single-aisle 737 jets with a list value of at least $3.8 billion to a discount carrier being set up by China’s Juneyao Airlines Co. as the government eases controls on low-cost travel. The purchase by Juneyao’s 9 Air subsidiary will consist of planes from the 737 Next Generation family and the upgraded Max, Boeing said in an e-mailed statement without giving a breakdown. That would value the deal at $3.8 billion to $5.5 billion based on retail prices. Buyers typically pay less than the sticker. The Boeing Company (NYSE:BA) net profit margin is 3.85% and weekly performance is 0.49%. On last trading day company shares ended up $131.21. Analysts mean target price for the company is $153.90. The Boeing Company (NYSE:BA) distance from 50-day simple moving average (SMA50) is 3.85%.
United Airlines Inc. (NYSE:UAL), an airline company owned and operated by United Continental Holdings Inc (NYSE:UAL), on May 12, 2014 officially announced about its plans to launch non-stop flights on Denver – Panama route. United Continental Holdings Inc. is a publicly traded airline company which has its headquarters in Chicago. United Continental Holdings Inc (NYSE:UAL) shares fell -2.60% in last trading session and ended the day on $40.80. Gross Margin is 22.70% and its return on assets is 1.00%. United Continental Holdings Inc (NYSE:UAL) quarterly performance is -9.53%.
Delta Air Lines Inc (NYSE:DAL) EVP Michael H. Campbell sold 20,927 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $38.81, for a total value of $812,176.87. Following the sale, the executive vice president now directly owns 198,386 shares in the company, valued at approximately $7,699,361. Delta Air Lines, Inc. (NYSE:DAL) shares moved down -0.81% in last trading session and was closed at $38.13, while trading in range of $37.33 – $38.36. Delta Air Lines, Inc. (NYSE:DAL) year to date (YTD) performance is 39.31%.
American Airlines Group Inc. (NASDAQ:AAL) President Scott Kirby will present at the 7th Annual Wolfe Research Global Transportation Conference on Wednesday, May 21, at 7 a.m. CDT. A live audio webcast of this event will be available ataa.com/investorrelations, and an archive of the webcast will be available through June 21, 2014. American Airlines Group Inc (NASDAQ:AAL) ended the last trading day at $38.19. Company weekly volatility is calculated as 2.49% and price to cash ratio as 2.85. American Airlines Group Inc (NASDAQ:AAL) showed a negative weekly performance of -0.16%.
Daimler AG (USA) (OTCMKTS:DDAIF) the owner of Mercedes, and Volkswagen AG’s Audi have both vowed to take the global premium-car sales crown from BMW by the end of the decade. The three manufacturers are forecasting at least a fourth year of record vehicle sales for 2014 as demand revives in their home market of Europe. BMW, which took first place from Mercedes in 2005, plans annual group sales exceeding 2 million vehicles for the first time this year. Daimler AG (USA) (OTCMKTS:DDAIF) on last trading day company shares ended up $90.63.
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