Boeing Sales Surge, But Issues Remain with Safety, Competition
Posted on January 10, 2013 at 03:50 AM EST
SUGAR LAND--January 10, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Appearing recession proof, The Boeing Company (NYSE:BA) (Chicago, Illinois) managed to escape much of the recent U.S. recession. Part of its success in weathering the storm was its ability to adapt on the fly to changing economic times. In part, this resiliency was due to the constant backlog in orders that Boeing maintains each and every year. As a result, order cancellations due to a bad economy were mere hiccups instead of major issues. Boeing saw its sales increase significantly in 2012; however, the aircraft manufacturer still has significant hurdles to overcome.