Aerospace stocks continue to climb

After showing better strength at the end of last week, aerospace shares were stronger on Monday, with significant share gains at several major manufacturers. Shares in Embraer gained 1.6%, EADS was up 1.7% and Boeing gained 3%, as investors welcomed the news that the company's B747-8I had a successful maiden flight and Korean Air firmed up two B747-8F orders and converted its order for 10 B787-800 to larger B787-900s.