Boeing and United Airways are to make a “historic announcement” on Tuesday.
Utilizing the phrase “historic” actually catches your consideration.
Boeing shares closed $179. It’s at the moment buying and selling in after-hours buying and selling at $178.64. In the meantime United Airways closed at $42.80 and is at the moment buying and selling at $42.85.
Boeing shares are up from a September 30 low of $120.99. That is a acquire of 48%. In the meantime United Airways is up 35% from its October 3 low.
The submit Covid journey demand continues to be sturdy. Costs for jet gasoline are down from a peak however nonetheless up from 12 months in the past.
The Wall Road Journal reported a number of day that United might put in an order of up to100 new 787 Dreamliners to switch Boeing 767-300 and Boeing 767-400 which have a mean age of 27 and 21 years, respectively.
/inflation
Learn this Time period