The “Dog Days” Of Summer Are Not Causing Boeing To Sweat
1. Boeing's stock surged 37% this year as production nears capacity. 2. Aircraft deliveries exceeded analyst estimates, with July showing 37 MAXes delivered. 3. Production cap of 38 MAXes per month, rising to 42 pending FAA approval. 4. Chinese market crucial; 10% backlog deliveries are to Chinese airlines. 5. Strike in defense unit hampers potential, but operational cash flow positive.