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Why Is Boeing Stock Seeing Blue Skies Today?

The Boeing Company (NYSE:BA) shares are trading higher on Tuesday. Boeing announced it has won contracts from major airline operators. In particular, the company disclosed an order for 20 additional 777-9 planes from Qatar Airways. The 777-9, the largest in its series, offers capacity for 426 passengers in a two-class setup and a range of 7,295 nautical miles (13,510 km), opening new growth opportunities for operators. The order, increasing Qatar Airways’ 777X fleet to nearly 100 planes, was finalized this year and remains listed as unidentified on Boeing’s Orders & Deliveries website. In a separate release, Boeing and Macquarie AirFinance revealed that the lessor had placed its first direct order for Boeing aircraft, purchasing 20 737-8s. This order doubles Macquarie AirFinance’s 737-8 holdings, previously acquired from ALAFCO in 2023. The 737 MAX family ...