Australia’s Qantas Airways selected Airbus as the “preferred aircraft” for its domestic business—a small loss for Boeing following two difficult years for the American aerospace giant. Still, the announcement isn’t all bad news for Boeing.
Thursday morning, shares of Boeing (ticker: BA) were up 0.8% in premarket trading, while Airbus (AIR.France) stock had gained 3.3% overseas. Futures on the S&P 500 and Dow Jones Industrial Average futures rose 0.8% and 0.7%, respectively.
Qantas…