Airbus secures lead over Boeing as 737 Max uncertainty continues


NEW YORK: Shares of Airbus SE handily pulled ahead of rival Boeing Co this year after a pair of fatal 737 Max plane crashes led to the grounding of the US model’s entire fleet.

Airbus is poised to finish the year ahead of Boeing for the first time since 2015, with an increase of roughly 50% since the start of January, compared to the Chicago-based company’s less than 10% gain.

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