The Boeing Company (BA) Sales Are Soaring

United Airlines orders

Among those who purchased the Boeing 787 Dreamliner was United Continental Holdings Inc (NYSE:UAL). The firm bought 20 aircraft almost immediately after they were released. 10 consist of the new Dreamliners, and another 10 are the earlier 787-9 model introduced in late 2011. The first of those planes aren’t expected to be delivered until 2018. So far, Boeing has faced some issues with the Dreamliners that United Continental Holdings Inc (NYSE:UAL) is already using. While these issues usually come up with new aircraft, such as oil leaks and battery problems, they are often solved and are just products of a young aircraft. This shouldn’t affect the long-term share prices of these companies. In fact, United’s stock slide from about $32 to around $29 recently indicates a buying opportunity, as this company will benefit from the turnaround in the economy.

Growth for all three firms looks likely

In the latest tally of orders, Boeing sold 840 Dreamliners, but the firm is only able to make 10 per month. However, taking a look at the inventories of $37 billion at the firm, means Boeing has built up significant stock. All evidence points to an increase in airline ridership in the years ahead, and investors should take Boeing seriously as an investment. This company is a leader in the airplane manufacturing business, and profits could just be hitting the runway before they really take off.

Phillip Woolgar has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Phillip is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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