In this video, Motley Fool industrials analyst Blake Bos reviews why he's bullish on Boeing (BA +1.15%) aircraft. First, the most recent earnings announcement showed Boeing beating estimates all around. Second, the company has a commercial airplane order backlog of $324 billion. That's eight years of production already on order. More sales may come as airlines modernize their fleets with fuel-efficient aircraft. Lastly, margins look to have room to improve to historic averages as manufacturing processes are fine tuned. On the downside, sequestration may crimp business and, to no one's surprise, there could always be additional problems with the Dreamliner 787. All in all, though, company performance and macroeconomics point to a brighter future for Boeing.
Why this strong quarter may show that Boeing's Dreamliner troubles will soon be all in the past.
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