Boeing Co. (NYSE:BA) Gets Pressure from 787 Dreamliner, Starwood Hotels & Resorts Worldwide (NYSE:HOT) Extending its Chain

Boeing Co. (NYSE:BA) witnesses hiked pressure from the 787 Dreamliner fleet grounding as LOT Polish Airlines SA forces forward with compensation claims and Thomson Airways promises refunds for passengers pushed onto older planes.

Thomson reported that 787 flights scheduled for May and June would be carried out via previous 767 and that passengers who paid extra to fly on the latest jet would get reimbursed.

LOT, the initial European carrier to get 787s, needs payment by the end of June, Poland’s Treasury Minister Mikolaj Budzanowski reported in an interview with Polskie Radio 3 today.

They would guarantee that they are sufficiently compensated for the case we and their customers are facing, spokeswoman Grace Jones reported by e-mail.

The Boeing Company (NYSE:BA) shares are up +0.93% to $77.81 while the stock is trading within the range of $77.11 – $77.81 in the current trading session. In the last 12 months the shares have traded between $66.82 and $78.02. The current session’s volume of 346,243.00 shares is lower from their average daily trading volume of 6.27 million shares.

Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) intends to start 50 latest hotels in Europe in the coming five years, hiking its European hotel portfolio by 30%.

The hotel firm, whose brands contained St. Regis, Westin and Sheraton, reported that it would start nine latest European hotels this year.

Starwood (HOT) and its associates also plan to invest above $200 million to renovate and restore its Luxury Collection hotels.

At the current trading session, Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) shares are down -1.06% to $674.56 while the stocks are trading within the range of $669.70 – $684.63. In the past year, the stock has traded within a range of $556.52 – $774.38. The current session’s volume of 9.40 million shares is lower from their average daily trading volume of 4.16 million shares.

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