Boeing's Wide Moat Buys It Time to Execute Its Epic Turnaround

Boeing is a major aerospace and defense firm that historically made most of its money manufacturing large commercial airplanes. Its narrow-body planes are well suited for high-frequency, short-haul routes, and its wide-body ones are ideal for long-haul and transcontinental flights. Worldwide sales of narrow-bodies have increased faster than wide-bodies over the past 20 years with the rise of low-cost carriers and middle-class consumers in emerging markets.