Boeing unveils order for troubled 737 MAX, shares jump
Boeing unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. The deal to sell 24 of the 737-8 model to a backer of Canadian low-cost carrier Flair Airlines comes after Reuters reported it was poised to win another, much larger deal with Southwest. Shares in Boeing rose 6.2% to $267.86. Boeing has been trying to rebuild its image with passengers and airlines following the nearly two-year grounding of the MAX after crashes in Indonesia and Ethiopia killed 346 people. This week marked the second anniversary of the second accident, with a final investigative report expected any day. Boeing said Miami-based private equity firm 777 Partners, which has a stake in Flair Airlines, agreed to buy 24 737-8 airplanes with an option to purchase a further 60.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-15/general/boeing-unveils-order-for-troubled-737-max-shares-jump
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Boeing unveils order for troubled 737 MAX, shares jump
Boeing unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. The deal to sell 24 of the 737-8 model to a backer of Canadian low-cost carrier Flair Airlines comes after Reuters reported it was poised to win another, much larger deal with Southwest. Shares in Boeing rose 6.2% to $267.86. Boeing has been trying to rebuild its image with passengers and airlines following the nearly two-year grounding of the MAX after crashes in Indonesia and Ethiopia killed 346 people. This week marked the second anniversary of the second accident, with a final investigative report expected any day. Boeing said Miami-based private equity firm 777 Partners, which has a stake in Flair Airlines, agreed to buy 24 737-8 airplanes with an option to purchase a further 60.<br/>
