Boeing today is trading at $184.30; it is trading higher with $11.14 mainly because recently Boeing was able to keep two of its 737 Max jetliner customers
Boeing today is trading at $184.30; it is trading higher with $11.14 mainly because recently Boeing was able to keep two of its 737 Max jetliner customers on its books. First, SMBC Aviation Capital, a Japan-based aircraft leasing company will defer the delivery of 68 Max jets. Second AerCap, also an aircraft leasing firm, will defer 37 jets. However, although order deferrals are not the greatest news ever amid a wave of cancellations for the Max jetliners, this provides a much-needed glimmer of hope for Boeing. Furthermore, air travel is slowly but surely mounting a comeback effort. Admittedly, air passenger volume remains in the doldrums relative to year-over-year comparisons. But against the lows of this year, this volume has increased substantially on a percentage-basis.
More so, New Zealand said on Friday that it will purchase five C-130J-30 Super Hercules transport aircraft from Lockheed Martin to replace its existing fleet."Along with the new fleet, the $1.521 billion projects will deliver a full mission flight simulator and other supporting infrastructure," Defence Minister Ron Mark said in a statement. The first of the new Hercules will be delivered in 2024, with the full fleet operating from 2025, he said. New Zealand will also start work in 2021 on upgrading its air mobility capability when options will be considered for replacing the two Boeing 757 aircraft operated by the Royal New Zealand Air Force.