Boeing and United Airlines to make a historic announcement tomorrow | Forexlive
Boeing and United Airlines are to make a “historic announcement” on Tuesday.
Using the word “historic” certainly catches your attention.
Boeing shares closed $179. It is currently trading in after-hours trading at $178.64. Meanwhile United Airlines closed at $42.80 and is currently trading at $42.85.
Boeing shares are up from a September 30 low of $120.99. That’s a gain of 48%. Meanwhile United Airlines is up 35% from its October 3 low.
The post Covid travel demand is still strong. Prices for jet fuel are down from a peak but still up from year ago.
The Wall Street Journal reported a few day that United may put in an order of up to100 new 787 Dreamliners to replace Boeing 767-300 and Boeing 767-400 that have an average age of 27 and 21 years, respectively.
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