Boeing boosts jet deliveries
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Boeing stock rose on Tuesday, with investors hopeful that the breakthrough in trade talks between the U.S. and China means Beijing will lift a ban on the jet maker’s deliveries. Shares climbed 2.5%, closing at $203.
Earlier this week an order for 40 A321neos jets emerged while being listed by Airbus as for an undisclosed customer. The order form was published on May 10, but it wasn't until two days later that the customer for the jets was revealed.
China has removed a monthlong ban on airlines taking delivery of Boeing planes, according to people familiar with the matter.
British Airways owner International Consolidated Airlines said it ordered the planes to bolster its long-haul fleet after earnings rose.
British-Spanish multinational airline holding company International Airlines Group (IAG) has ordered up to 71 new Boeing and Airbus aircraft.
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IAG SA announced a major aircraft order for widebody jets, doubling down on a long-haul business that’s powered its earnings and helps the airline group upgrade from older models.
WASHINGTON (Reuters) -The United Kingdom will purchase $10 billion of Boeing planes, U.S. Commerce Secretary Howard Lutnick said on Thursday during the announcement of a bilateral trade deal between the UK and the United States, though the details were unclear.
An order for 40 A321neos previously listed by Airbus as an undisclosed customer is from United Airlines.
Europe should impose reciprocal measures on Boeing Co. if negotiations fail to lift recent US tariffs hurting the aerospace industry, according to Airbus SE Chief Executive Officer Guillaume Faury.