The aviation industry is buzzing about the maxi order received by Boeing from Ryanair, which required 75 737 Max aircraft. An order that for the US giant has the flavor of a rebirth, given that it concerns the model that the manufacturer had to keep on the ground for almost two years after the two accidents that occurred between the end of 2018 and the beginning of 2019 and which had caused the death of 346 people.
The news immediately triggered stock market purchases of all the securities in the sector, with the Stoxx600 Aerospace&Defence sub-index gaining 2,9% early in the morning, also driven by the news from London where Rolls Royce, which also produces aircraft engines, announced its intention to return to the narrow-body (single-aisle) aircraft market as a result of the new prospects for the post-Covid aviation sector.
On Wall Street yesterday, the Boeing stock it recorded an increase of more than 6% and today, in the pre-market, it is up 2,8% to 243,25 dollars. European titles also react, with the main competitor Airbus which in Paris rises by 1,14%. Also above parity (+0,1%) is the British Bae Systems, while the German MTU Aero Engines earns 3%.
The best of the compartment is though Leonardo, which in Piazza Affari engages the turbo and places itself at the top of the Ftse Mib with an increase of 4,58% to 6,62 euros per share. The 482 million euro contract signed by Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%) with the European Space Agency (ESA) for the construction of the L-band satellite (ROSE-L) for environmental monitoring of the earth's surface, through the Radar observation within the Copernicus programme.
Returning to Boeing, investors are awaiting news regarding the endless controversy between the United States and the European Union over aid granted to Boeing and Airbus. After the tariffs introduced by the EU against American goods in response to those from posts by the Americans on European goods for public aid to Airbus, the EU trade commissioner Dombrovskis, in an interview with Bloomberg, judged an agreement by 20 January "possible", reiterating the proposal to remove the 4 billion dollar tariffs imposed by the EU on goods Americans if Washington does the same on the 7,5 billion dollar tariffs introduced.
