Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE) (BA)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

The Boeing Company : Airliner Won't Likely Vanish Without a Trace, Expert Says -- Update

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/08/2014 | 01:43pm CET
By Jake Maxwell Watts 

Malaysia Airlines flight MH370 is unlikely to have disappeared without a trace even if it crashed in water, said Shukor Yusof, an aviation analyst at Standard & Poor's.

The fate of the Boeing 777-200ER airliner, which lost contact with air-traffic controllers early Saturday, is still unclear despite a Vietnamese state-media report that it may have crashed in the sea about 153 nautical miles (283 kilometers) off Vietnam's coast.

Based on previous experience, Mr. Yusof said, the aircraft "would reveal itself in the form of debris emerging from the water."

"I think this incident would present a significantly difficult challenge, " Mr. Yusof said, given that Vietnamese authorities have limited resources and a potential language barrier in dealing with an incident that now involves several countries.

Flight MH370 was en route to Beijing from Kuala Lumpur and was scheduled to arrive at its destination at 6:30 a.m., according to Malaysia Airlines. It was carrying 227 passengers and 12 crew, including 154 Chinese and Taiwanese, 38 Malaysians and seven Indonesians.

"It is rare for an aircraft of such size, with the technology that's available in many of the planes that are flying today, that it wasn't detected," said Mr. Yusof. As the aircraft moved into Vietnamese airspace it should have been in contact with air-traffic controllers in both Malaysia and Vietnam, he said. "For it to disappear for this considerable length of time is quite odd."

Malaysia Airlines said it is rushing a 160-member team led by a senior executive to China to support the ground staff there as the families and friends of many passengers gather in Beijing, anxious for news.

Mr. Yusof added that if authorities manage to locate the aircraft, it may take a long time before the cause of disappearance is known. He likened the incident to the crash of an Air France jetliner en route from Brazil to France in 2009, which sank in the Atlantic Ocean.

The crash of the Airbus A330 killed all 228 people on board and triggered sweeping changes to pilot training at Air France and other carriers around the world. Experts say, however, that Malaysia Airlines has an "excellent" safety record, as does the Boeing aircraft it operates, while the two Malaysian pilots on board MH370 were both highly experienced.

Referring to the Air France crash in 2009, Mr. Yusof said: "Let's not forget that the wreckage for that aircraft wasn't recovered or rather salvaged until almost two years after. It shows the tremendous challenge involving search and rescue operations where they happen in the sea."

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING COMPANY (THE)
06:32p Pfizer announces new $10 billion share buyback, hikes dividend
04:32p BOMBARDIER : Ambassador on Bombardier's side in trade fight with Boeing
03:14p BOEING : Neos and AerCap Celebrate Delivery of Airline's First 787 Dreamliner
11:51a BOEING : Avation PLC Deliver Philippine Airlines' 10th 777-300ER; Philippine fla..
10:06a Lockheed hits 2017 F-35 delivery target despite production hiccups
06:08a BOEING : Airworthiness Directives; The Boeing Company Airplanes
12/17 BOEING : Federal Contracts Awarded by Federal Agencies in Maryland (Dec. 17)
12/17 BOEING : Federal Contracts Awarded to Companies in Missouri (Dec. 17)
12/17 BOEING : Federal Contracts Awarded to Companies in Oklahoma (Dec. 17)
12/17 BOEING : Federal Contracts Awarded by Federal Agencies in Oklahoma (Dec. 17)
More news
News from SeekingAlpha
12/17 Boeing's Curse
12/16 AUTOMATIC DATA PROCESSING : Great Total Return And Recent Dividend Hike For Inco..
12/16 BOEING AND AIRBUS : Order Battle In November
12/16 Stocks to watch next week
12/15 AT&T CEO Stephenson departs Boeing board with 'busy year' ahead
Financials ($)
Sales 2017 92 153 M
EBIT 2017 9 580 M
Net income 2017 6 934 M
Debt 2017 2 200 M
Yield 2017 1,95%
P/E ratio 2017 25,92
P/E ratio 2018 23,88
EV / Sales 2017 1,92x
EV / Sales 2018 1,90x
Capitalization 175 B
Chart BOEING COMPANY (THE)
Duration : Period :
Boeing Company (The) Technical Analysis Chart | BA | US0970231058 | 4-Traders
Technical analysis trends BOEING COMPANY (THE)
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 289 $
Spread / Average Target -1,7%
EPS Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO & EVP-Enterprise Performance & Strategy
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BOEING COMPANY (THE)88.81%175 064
UNITED TECHNOLOGIES CORPORATION15.10%100 756
LOCKHEED MARTIN CORPORATION29.16%92 564
AIRBUS SE35.66%77 580
GENERAL DYNAMICS15.16%59 370
RAYTHEON34.77%55 325