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Boeing Has 'More Teeth,' Gabelli & Co Says

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Aircraft manufacturing giant Boeing Co BA 0.12% has finalized a new seat supplier, LIFT by Encore, for its BA 737NG and BA 737MAX airplanes. LIFT will be the only supplier selling directly to Boeing, while the company’s ten approved economy seat suppliers sell to the airlines.

Gabelli & Co’s James Foung maintained a Buy rating for the company, saying the move to appoint...