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United Airlines may not take delivery of the Boeing 737 MAX 10 until 2027 or 2028 because of uncertainty about when the plane will be approved for use, an executive for the carrier said Tuesday.
CNBC's Phil LeBeau joins 'Money Movers' to discuss Boeing's April orders and deliveries.
In a trade truce with the U.S., Beijing tells Chinese airlines that they can resume taking delivery of pre-existing jet orders.
Several Boeing jets had been sent back to the US amid the month-long ban.
Boeing said on Tuesday it delivered 45 commercial jets in April, nearly twice the 24 airplanes it delivered during the same month a year ago.
RIYADH, Saudi Arabia , May 13, 2025 /PRNewswire/ -- Boeing [NYSE: BA] and AviLease, a global aircraft lessor headquartered in Saudi Arabia, announced the lessor has placed its first direct order for Boeing airplanes with a firm purchase for 20 737-8 jets and options for 10 more. The deal enables AviLease to scale up its growing portfolio and provides its customers with the latest generation, fuel-efficient aircraft.
Despite accruing a dire reputation in 2024 and facing roadblocks in 2025, Boeing (NYSE: BA) stock has been on an uptrend since the markets opened on January 2.
Boeing is a contrarian buy, undervalued due to short-term issues overshadowing recovery signs, with a target price of $245, implying 26% upside. Revenue surged 17.7% YoY in Q1 2025, driven by a 75% increase in Commercial Airplanes; Global Services remains a consistent profit engine. Market overly focuses on operational issues; Spirit AeroSystems acquisition will streamline production, reduce costs, and improve financial flexibility.
China has removed its ban on airlines accepting Boeing planes after Beijing and Washington agreed to temporarily reduce the steep tariffs on one another.
Shares could benefit if the breakthrough in trade talks means Beijing will restart accepting deliveries.