Boeing Loses Qantas Business to Airbus. But There’s Good News, Too.

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A Boeing 737 MAX jet.

Silvio Avila/AFP via Getty Images

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…

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