Business Spectator: Aviation - 12:56 ET Mar 19, 2010The Boeing Company (BA)
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Richard Aboulafia
at
Teal Group CorporationThe International Air Transport Association last week cut its estimate of the 2009 industry loss to $US9.4 billion from December's $US11 billion and said airlines are recovering strongly from the crisis, as passengers, freight and pricing power return. Hamilton said the improved industry outlook also reduces the chance that
Boeing will need to cut production rates on its hot selling single aisle 737 plane.
But another expert, Richard Aboulafia at the Teal Group, said it is too soon to say that demand for new planes has recovered. "There's still a lot of overcapacity, so any talk of rate increases is kind of aggressive at this point," Mr Aboulafia said
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The International Air Transport Association last week cut its estimate of the 2009 industry loss to $US9.4 billion from December's $US11 billion and said airlines are recovering strongly from the crisis, as passengers, freight and pricing power return. Hamilton said the improved industry outlook also reduces the chance that <span class="company">Boeing</span> will need to cut production rates on its hot selling single aisle 737 plane.<span class="sent"> But another expert, <span class="analyst">Richard Aboulafia</span> at the Teal Group, said it is too soon to say that demand for new planes has recovered.</span> "There's still a lot of overcapacity, so any talk of rate increases is kind of aggressive at this point," Mr Aboulafia said....The International Air Transport Association last week cut its estimate of the 2009 industry loss to $US9.4 billion from December's $US11 billion and said airlines are recovering strongly from the crisis, as passengers, freight and pricing power return. Hamilton said the improved industry outlook also reduces the chance that <span class="company">Boeing</span> will need to cut production rates on its hot selling single aisle 737 plane.<span class="sent"> But another expert, <span class="analyst">Richard Aboulafia</span> at the Teal Group, said it is too soon to say that demand for new planes has recovered.</span> "There's still a lot of overcapacity, so any talk of rate increases is kind of aggressive at this
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