GuruFocusGuruFocus

Why Boeing (BA) Stock Is Jumping Today?

1분 미만 읽기

Sep 26 - Boeing BA shares moved up more than 3% Friday after Turkish Airlines confirmed a significant aircraft purchase. The carrier announced firm orders for 50 Boeing 787 Dreamliners, along with options for 25 more, signaling confidence in long-haul demand.

Turkish Airlines also said it is in active talks with Boeing about buying as many as 150 of its 737-8 and 737-10 MAX jets. Engine discussions are taking place in parallel, with negotiations ongoing with CFM International, as well as with Rolls-Royce and GE Aerospace (GE).

The order highlights the airline's strategy to expand its fleet and strengthen its global network. It also marks a positive development for Boeing, which earlier this week secured a deal with Uzbekistan Airways for up to 22 aircraft. U.S. officials have hinted that Boeing may be close to securing another large agreement with China, underscoring momentum in its commercial aircraft division.

The timing of the Turkish deal also drew attention, coming a day after Turkish President Tayyip Erdogan met U.S. President Donald Trump, adding a geopolitical backdrop to the transaction.