General Motors Company (GM), Ford Motor Company (F), Intel Corporation (INTC): Dow Rises Following Beige Book and Auto Sales

The Boeing Company (NYSE:BA) is another strong performer in the Dow today, up 1.5%. Today Boeing delivered the first 767-300 Freighter to FedEx, which is upgrading its fleet with more fuel-efficient aircraft. Fuel efficiency has become increasingly important to airlines and companies alike. According to James R. Parker, executive vice president of air operations, FedEx Express: “The 767 is approximately 30 percent more fuel efficient and has unit operating costs that are more than 20 percent lower than the aircraft they will replace. The net effect is an aircraft that is more affordable to operate and has lower carbon emissions because of better fuel efficiency.” The Boeing Company (NYSE:BA) looks well-positioned to take advantage of companies that are replacing their fleets with modern airplanes, as fuel costs have doubled as a percentage of overall costs over the last decade.

The article Dow Rises Following Beige Book and Auto Sales originally appeared on Fool.com and is written by Daniel Miller.

Fool contributor Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford, General Motors, and Intel. The Motley Fool owns shares of Ford and Intel. 

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