Japan Airlines Orders More Boeing 737-8 Jets Amid Global Fleet Expansion Plans
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Boeing and Japan Airlines Fleet Expansion: Japan Airlines has ordered 17 additional Boeing 737-8 jets to modernize its fleet, building on a previous order of 21 jets. The airline is also introducing Airbus A321 aircraft and expanding its international fleet with new Boeing and Airbus models, aiming for significant growth by fiscal year 2030.
Market Impact and Analyst Insights: Boeing faces challenges from potential tariffs affecting costs, which could shift airlines towards Airbus. Despite this, analysts maintain a positive outlook on Boeing's stock, citing strong order backlogs and expected revenue growth in the coming years.
Analyst Views on AER
Wall Street analysts forecast AER stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AER is 153.71 USD with a low forecast of 141.00 USD and a high forecast of 162.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 143.970
Low
141.00
Averages
153.71
High
162.00
Current: 143.970
Low
141.00
Averages
153.71
High
162.00
About AER
AerCap Holdings N.V. is an Ireland-based company, which is primarily engaged in aviation leasing. The Company provides a range of assets for lease, including narrowbody and widebody aircraft, regional jets, freighters, engines and helicopters. Its portfolio consists of 3,536 aircraft, engines, including engines owned and managed by its Shannon Engine Support Ltd (SES) joint venture, and helicopters that were owned, on order or managed. In addition, it offers aftermarket components, equipment and services through its materials business and the lease, purchase and financing of spare engines. Its passenger aircraft portfolio includes Airbus A220 Family, Airbus A320neo Family, Airbus A320 Family, Airbus A330neo Family, Airbus A330neo Family, Airbus A350, Boeing 737 MAX, Boeing 737NG, Boeing 777-200ER/ 300-ER, Boeing 787 and Embraer E190/E195/E2. Its freight aircraft portfolio includes Airbus A321, Boeing 737 and Boeing 767/777.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
