Boeing (BA) Reports Mixed Quarter

Stock is down a little under 5%, to $66, at the moment on mixed results on the Quarter.

I think the stock is down on the few one time charges. In contrast, the maiden flight of the Dreamliner is still scheduled for late August. Moreover, U.S airlines only makes up 10% of the BCA backlog.
I want to verify this but I think I heard BA say they spent around $900 million on $11 million shares. Average out to $81.82/share

I still think BA is a buy now but hopefully we will see it closer to $63.

Boeing is very bullish on ramping up of deliveries in FY2009 and even more so in FY 2010.