Boeing Finalizes Turkish Airlines 150-Jet Order, Adds Bangladesh Deal for 11 More
BA is trading near its 52-week low of $176.77 (13% above the low).
Summary
Boeing finalized the Turkish Airlines order for 100 firm 737-8 jets plus 50 options, and separately secured an order from Biman Bangladesh Airlines for 11 aircraft (5 787-10, 6 737-8). The Turkish deal was previously reported as 'up to 150' — the firm/option split is now confirmed. The Bangladesh order is new. President Trump publicly endorsed the deals, claiming they support tens of thousands of U.S. jobs. This follows the record Korean Air order and the $131B Air Force IDIQ contract from August. The orders add to Boeing's backlog and reinforce commercial demand, though the stock barely moved overnight.
At the time of this announcement, BA was trading at $199.81 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $158B. 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: Benzinga.