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Why Is Boeing Stock so Resilient?

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    Morningstar Analyst Neal Dihora discusses Boeing’s future and whether criticism of the company’s CEO is justified.

  • Duration 3:34
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All right well despite -- string of dreamliner incidents over the past few months the stock price miles remained steady so why doesn't the market seemed to catch.

-- -- Morningstar analyst suddenly -- -- He joins me now by the phone and mail despite -- the television have to say that the Boeing's stock has been pretty resilient has met.

It has yeah -- and -- that's the order book it is those distraught having these guys that Clinton.

What about an aircraft in backlog and -- -- -- on airline -- perspective that.

-- they can't -- every other candidate and then what are they gonna body as everyone in.

Sold out their positions looked at but at Boeing.

Yes interest staying but those customers of Boeing and you have to be getting pretty impatient by now Boeing says according to data -- report -- that they hope to have.

These -- planes back in service by mid to -- -- a little ambitious.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Based and -- already buying 787 there at least one.

What what was -- together and issued I don't know -- -- all.

Oh well he realized the sort of parties -- not getting.

During -- woman passenger actually -- or so yeah.

He didn't let it in April may -- in very reasonable and and then Boeing did delivered eleven -- and then there's amber are -- Kennedy goal of XP or you know greater than it -- immediately -- certain July -- -- -- You know -- Boeing's CEO Jim McNerney is getting some -- Criticism -- perhaps not doing enough to inform investors in the public along the way -- this.

-- is unfolded you think that such criticism is justified.

You know I think that a lot of issues that go into new aircraft and I think it.

If this deals were required to ballot everything.

I think -- began Gateway.

People and meeting what it -- I think I would start.

I get but -- sort of I can appreciate.

You know -- what they're doing and I know that.

Eleven you know big the other issues that we did hear about only one of them actually made a big difference right back at sort of appreciate their.

You know ability to take what they think an important and we look -- -- -- so I think.

Actors -- incident like that I think investors left and the public always sort of cautioned what legitimate -- should have been older but look the other.

This year that didn't become you know large event that is -- you know those meters.

What about a reputation no damage to Boeing -- -- will be done and forgotten -- safe.

If they have a finally kill to the battery problem but certified to be safe again.

What about long term damage -- reputation.

You know I think especially that -- should probably -- -- but I think that negotiations that the unions.

Potentially could be read me the yeah Owen if you look at it very good audience and engineering of the -- -- -- brain.

Great things but like -- can -- it that -- they're.

Today it can't get along -- they're engineering and other work or they would have let tell us about the of these.

Intel relationship and that really could have more of actor because of the art animation that that might be.

And -- Colbert are betting that.

It -- a little bit more in -- -- the candidate and and other aircraft have been buying you know below 5060 years I think we -- -- Asia little problem that we had rendered down around the world -- But I think that advocated a little bit more of it impaired because they -- you guys have been working without a contract in the but -- border and we we're really know -- -- Volcker now an and we were before.

Yes but litre is still hanging out there thank you so much and out of our analyst at -- -- for joining us they'll appreciate it.