Boeing climbs on $8.5 billion Uzbekistan Airways deal that could be followed by more large orders
As world leaders converge on New York City for the UN General Assembly, more Boeing deals are being struck with countries seeking favor with the Trump administration.
On Monday evening, Boeing announced Uzbekistan Airways will order up to 22 of the plane maker’s 787 Dreamliner jets in an $8.5 billion deal. It would be the largest order ever for the airline and, per Boeing, support nearly 35,000 US jobs. Boeing shares climbed more than 2% in premarket trading on Tuesday.
It may not be the only big order Boeing receives this week. According to reporting by Bloomberg, Turkish President Recep Tayyip Erdogan — who is set to visit the White House Thursday — has plans to buy “hundreds” of Boeing planes. At a Tuesday press conference, US lawmakers visiting China said negotiations were nearing their “last days or weeks.”
Boeing has repeatedly been at or near the center of Trump administration trade deals, securing several multibillion-dollar orders from airlines in South Korea, Qatar, and the UK, among others.