|Bid||7.31 x 45900|
|Ask||7.29 x 36200|
|Day's Range||7.23 - 7.47|
|52 Week Range||5.48 - 13.26|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2020|
|Forward Dividend & Yield||0.04 (0.55%)|
|Ex-Dividend Date||Sep 25, 2020|
|1y Target Est||8.01|
American Airlines said it will start operating the Boeing 737 Max in December, but FAA approval is still pending.
The aviation leasing arm of General Electric (NYSE: GE) is partnering with PIMCO Investment Management to launch an aircraft leasing platform to support up to $3 billion in aircraft financing. GE's GECAS division is already one of the world's largest aircraft lessors, buying planes directly from manufacturers and leasing them to airlines. It's a model that airlines have embraced in recent years as a way to keep aircraft debt off their balance sheets, leading to a rise in interest for businesses including GECAS, AerCap Holdings (NYSE: AER), and Air Lease (NYSE: AL).
General Electric (GE) shares jumped Friday after hopes that Boeing's (BA) 737 MAX could return to European skies this year.