Our world appears to be most connected by two things at this point of our evolution – the internet is the ever growing all-knowing database which can be readily compared to the “brain”, but what of the moving parts? The internet as we know it, is practically everywhere, but when you physically need to be places, the earth is still pretty massive, and when needing to travel great distances, there’s one way to do it – get on an airplane, and if you’ve ever done that, odds are you’ve done it on an aircraft made by the Boeing corporation.
Established in 1910 by William E. Boeing it was initially a part of the northwestern timber industry it was called “pacific aero products” early on, but by 1917 had been rebranded as “Boeing Airplane Company”.
When the US entered World War 1, Boeing began supplying its navy with its new model seaplanes; the navy liked the design so much they ordered 50 more planed from Boeing, giving the company the boost it needed.
After the war ended, many companies faltered and went out of business due to a surplus of airplanes or plane parts being shifted to the commercial markets, Boeing managed to stay afloat by diversifying itself and manufacturing other products, while continuing developments on more advanced models, as Boeing’s planes grew more reliable and sophisticated, they began reaping the rewards – they were given the rights to build airplanes to shuttle mail between San Francisco & Chicago as well as mail flights between western US and Canada.
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Not long after, Boeing began producing its very first plane specifically aimed at passengers, the Boeing 80.
With the onset of World War 2 and rising demands for fighters and bombers Boeing became one of the biggest employers of women in the US, setting a major precedent, the women filled a major need for workforce during the war and helped build many of the B-17 and B-29 bombers used to great effect in all fighting arenas.
In the 50’s and 60’s Boeing continued to develop more advanced commercial airplanes, and they quickly became the largest manufacturer of commercial planes in the US, and competed internationally with British, French and Russian made planes in an effort to expand their global business base.
Modern travel as most of us know it was changed irreversibly in 1968 when Boeing introduced its 747 jet airplane, built in a factory as massive as 40 football fields, it had the longest range and was capable of carrying more passengers than any plane before it, a year prior to it, Boeing also introduced their 737 model, which remains the bestselling aircraft in aviation history to this day.
Boeing continues to develop multiple new engines, technologies and planes, most recently introducing the 787 Dreamliner, while certain events have caused it to fall behind Airbus in the global market, they remain a very close 2nd.
Boeing also cooperates with various other companies to aid in technological achievements that aide space flight – from improving rocket fuel to building engines meant to propel shuttles & satellites into space.
Trading in Boeing binary options, for the most part, is similar to trading any other company’s stock – you pay attention to earnings reports, employment data and industry developments. But there is one thing that may make things slightly easier for you.
Due to the very nature of airplane production these days, where building a single plane takes days and even weeks, complete airline orders can take years to fulfill, but if you keep close track of that, you stand to profit from it – production rates and order deliveries are things that can be rather easily tracked, so their impact can respectively be easy to estimate – if you get word that Boeing is on track to deliver a certain order, well, that is easily a good thing for its binary option, and of course, the opposite is always true.
As with any company stock, keep close track of information, make your move, and if you proceeded smartly your profits are sure to lift off.