Boeing's 777X Will Benefit From the Airbus A380's Demise

Last week, Airbus (NASDAQOTH: EADSY) announced that it will wind down production of its A380 jumbo jet by 2021, confirming recent media reports. Airbus' vision of rising airport congestion forcing airlines to adopt ever larger airplanes was undermined by the growing popularity of small widebodies, such as Boeing's (NYSE: BA) 787 Dreamliner, which have enabled airlines to operate more point-to-point routes that bypass the most congested hubs. That said, there is still a market for large… (finance.yahoo.com) Mais...