Avolon Finalizes 140-Jet 737-10 Order as Boeing Backlog Hits Record $745B
BA is trading near its 52-week low of $165.01 (7.3% above the low).
Summary
Avolon finalized an order for 140 737-10 jets, the largest 737 MAX order ever placed by a lessor, pushing its unfilled Boeing orders above 240 aircraft. The deal lands alongside a record $745 billion backlog, a book that gives Boeing years of visibility on deliveries. Third-quarter 2026 revenue rose 4% to $24.2 billion, though the company still posted a $0.34 core loss per share and generated $0.5 billion in free cash flow. The order is a demand vote for the largest MAX variant at a time when Boeing's output has been uneven — July deliveries fell 17% to 53 jets from June's 64. Watch monthly delivery figures for whether the backlog converts to cash.
At the time of this announcement, BA was trading at $177.06 on NYSE in the Manufacturing sector, with a market capitalization of approximately $140.3B. The 52-week trading range was $165.01 to $254.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.