Boeing 737-10 Orderbook Grows as ACG Leases 13 Jets to WestJet
BA sits 24% above its 52-week low of $176.77 on light trading volume (0.1× avg).
Summary
Aviation Capital Group (ACG) signed lease agreements with WestJet for 13 new Boeing 737-10 aircraft, to be delivered from ACG's orderbook after type certification. This adds to Boeing's commercial momentum following a strong first-half delivery tally of 314 jets and recent large orders from China and Vietnam. The 737-10 is the largest MAX variant and its certification timeline remains a key watchpoint. The deal underscores lessor confidence in the MAX program and supports Boeing's production ramp-up plans.
At the time of this announcement, BA was trading at $219.33 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $172.9B. The 52-week trading range was $176.77 to $254.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.