Airbus Sees Orders; Boeing Clears Debt
The current year is proving to be an important one for the two
leading aerospace companies, but the priorities seem to be totally
different. Airbus plans a strong sales push and expects to book
orders for about 250 planes in 2004 and to deliver about 300, the
company said on Tuesday. On the other end of the financial
spectrum, Boeing seems to be focused on eliminating some of its
debit and solving other cash-flow issues. On Tuesday, the company
filed with the U.S. Securities and Exchange Commission to
periodically sell up to $1 billion in debt securities and common
stock.