Boeing Shares Gain As Southwest Converts Options on 34 747 MAX Jets
newscatcher
2021-06-08 11:30
Boeing Shares Gain As Southwest Converts Options on 34 747 MAX Jets
Boeing  (BA) - Get Report shares moved higher Tuesday after Southwest Airlines  (LUV) - Get Report said it would convert nearly three dozen options for the planemaker's 737 MAX aircraft into firm orders as travel demand continues to improve in the waning weeks of the coronavirus pandemic. Southwest said it has converted options on 34 737 MAX jets to confirmed orders, with the expectation of taking delivery in 2022, as it boosted near-term operating revenue forecasts amid improvements in summer travel bookings as the country exits pandemic restrictions.

https://www.thestreet.com/investing/boeing-gains-as-southwest-airlines-converts-34-747-max-options

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