Does Bombardier Pose a Threat to Boeing?

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Sept. 25 (Bloomberg) -- S&P Capital IQ's Eric Hugel,'s Jim Ramelli and Bloomberg's Matt Miller discuss the outlook for Boeing with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

They are not a serious threat yet.

They were able to shift their focus from production of the 787 and all of the problems that arose out of the bad batteries to sales of that aircraft.

The company is on track to push out those planes and push them together.

It is just about closing contracts and collecting money for the company and stock buybacks for investors.

This is a 4.4 -- airlines are buying a lot of planes right now.

You are seeing a big increase in traffic as well.

4.7%. the key thing to track is who wins orders on a day to day basis.

Airbus booked sales valued at more than $15 billion in one single day from asia.

Pretty incredible.

Can it continue?

Good afternoon.

Yes, we think it can.

We continue to like boeing.

Hundred -- we have a 138 rice target.

Investors -- price target.

Investors will continue to like boeing.

The recent launch of the 787 -- 10, that will trigger a reacceleration in the wide-body order cycle for boeing over the next couple of years, which we think that investor will look upon favorably.

What is your price target?

138. a lot of things are setting up really well for a long in boeing.

There might be similar competition coming into the space, but increases in demand should offset the new competition.

I want to look at a long set in boeing.

I can risk 130 dollars to make $370 via january expiration.

Earnings come out october 23. when you wake up in the morning, what is more important?

A big order out of asia, is that more important than norwegian complaining about service problems?

I like to look at momentum in the stock.

News will come in and out all the time.

The momentum behind it.

Let's pose the same question to eric.

We have seen a lot of press reports about the 787. it is something that boeing has to deal with.

Based on the track record in the past of introducing new aircraft, we are very confident that boeing will be able to get the dispatch reliability up to where the levels that airlines demand which is something north of 99%. it still has a way to go, but we are pretty confident they will get there.

The negative press has not resulted in a reduction of orders?

We continue to see strong orders for the aircraft.

The customers continue to say good things about the plane.

We will leave it there.

Thank you so much.

Coming up, it all started with a shake and they shake berger.

Now it is a global brand.

This text has been automatically generated. It may not be 100% accurate.


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