BA went up a lot in last couple years because there weren't any competition left and the demand for air travel has skyrocketed. They got 5000+ backorder for 737Max alone for regional. Then Airbus bowed out of the long distance market, leaving it to Boeing's 787.
The current fiasco certainly will put a damper to their stock,but there's simply no other choice for new planes. They will bounce back.
The current fiasco certainly will put a damper to their stock,but there's simply no other choice for new planes. They will bounce back.
Disclosure: I shorted/put BA yesterday morning