Airbus Flies to Record Highs, TUI Falls After Latest Boeing Blow

Airbus Flies to Record Highs, TUI Falls After Latest Boeing Blow
An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse, France, on Sept. 27,2019. Regis Duvignau/ Reuters
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Airbus’s shares rose to record highs on Jan. 22, after its arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while customers and suppliers slumped after the latest blow from the U.S. aerospace company.

Airbus was up by 1.5 percent at 138.48 euros at 10:05 GMT, the top performer on France’s benchmark CAC-40 index after scaling record highs in early deals.