Boeing Shares Surge on Alaska Airlines Order and FAA Progress
Boeing shares climbed 3.17% to $234.58 as Alaska Airlines placed its largest-ever order for 105 737 MAX 10 aircraft and five 787-10 Dreamliners. The deal reinforces Boeing's delivery pipeline and long-term cash Flow visibility.
FAA approval for MAX 10 Phase 2 testing accelerated certification progress, counterbalancing lingering legal concerns. Technical indicators show momentum as the stock approaches 52-week highs.
Market response highlights renewed confidence in Boeing's commercial aerospace recovery despite operational challenges. The order book expansion comes as airlines globally modernize fleets with fuel-efficient models.