Long Runway for Commercial Airplane Makers
With 11,500 orders of undelivered aircraft--more than five years of production--Boeing and Airbus will be increasing production rates in the coming years.
Neal Dihora
Neal Dihora, CFA, is a senior equity analyst for Morningstar, covering aerospace and defense companies. He joined Morningstar in 2010.
Dihora was co-portfolio manager of the Ultra Growth Fund for Wasatch Advisors from 2006 to 2008 and was a senior equities analyst at the firm from 2002 to 2003. He was a research analyst for Nicholas Company, Inc from 2003 to 2006, where he conducted research on small- and mid-cap medical technology and specialty and generic pharmaceutical companies. Before he entered the investment industry, he was an associate actuary for Milliman, Inc.
Dihora holds a bachelor’s degree in actuarial science and economics and a master’s degree in finance, investment, and banking from the University of Wisconsin. He also holds the Chartered Financial Analyst® designation.
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With $490 billion in orders, the company's outlook is well grounded.
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Airport Operator Soars Above Competition
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Budget Cuts Haven't Narrowed Defense Moats
Short-term budget worries don't dent our favorable view of the defense industry's competitive advantages, says Morningstar's Neal Dihora and Matt Coffina.
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The commercial segment can lift sales and operation margins.
WestJet Flies Into a Flexible Future
This shareholder-friendly airline is laying the foundation for growth.
Management Behind the Moat: Pacific Airport Group
Pacific Airport Group's Fernando Bosque speaks to Morningstar's Neal Dihora.
Boeing Raises Guidance on Strong Commercial Deliveries
We're maintaining our fair value estimate following impressive third-quarter results from the aviation giant.
What Sequestration Means for Defense
Looming budget cuts make us cautious on the sector.
Cutting Through the Fog of Sequestration
We look at the impact of spending cuts on the defense budget.
Bombardier Not Flying So High, for Now
Slumping regional aircraft sales are weighing on the stock, but we think this provides a good entry point for investors.
Skies Clearing for Commercial Aircraft?
Boeing says yes.
A New Direction for Defense Spending?
We see little change from the current strategy.
Aircraft Manufacturers May Be Cruising at Altitude
But does an order backlog mean tailwinds for commercial aerospace, or is it just overbooking?
Taking Off With Mexican Airports
A diversified portfolio of properties lets Pacific Airport Group withstand fluctuations at any one airport, says director of investor relations Miguel Aliaga.
Airlines Should Prepare for a Hard Landing
Recent trends point to a slowdown in revenue and a decline in profitability.
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The U.S. will continue to spend large sums of money even with projected cuts.