Airbus Overtakes Boeing In Market Cap For The First Time

Airbus SE (EPA:AIR) has finally managed to overtake its fiercest rival and the industry’s most valuable company, Boeing Co (NYSE:BA). Despite Airbus’ stock dropping 1.91%, Boeing has dived 6%, causing its market capitalization to fall to $82 billion, compared to the European manufacturer’s $89 billion. Airbus Overtakes BoeingIt has been a very hard year for the sector due to the macroeconomic perspectives and the war in Ukraine. Volatility has been maxed up and despite the fact that the European manufacturer manages to contain the bleeding by losing only 8.59% so far this year, Boeing’s situat…

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