Boeing Charting A Quiet Comeback? Aircraft Maker Bags Five Major Contracts In Last 10 Days: Here's What Its Chart Shows

Boeing Co. (NYSE:BA) expanded its order pipeline after bagging five major deals over the last 10 days. While its short and medium-term price trend remains strong, here’s more on the company’s technical analysis.

What Happened: Here are the five orders bagged by Boeing from March 21 to March 30.

Malaysia Aviation Group:

Ordered 30 Boeing 737 MAX aircraft (18 737-8 jets and 12 737-10 jets) with options for 30 more. This order is to modernize Malaysia Airlines’ single-aisle fleet and enhance passenger experience in Southeast Asia.

Japan Airlines:

Ordered 17 additional Boeing 737-8s to refresh their domestic fleet. This order nearly doubles JAL’s 737 MAX backlog.

Korean Air:

Finalized an order for up to 50 widebody aircraft, including 20 each of 777-9 jets, and 787-10 jets, and options for 10 more 787 Dreamliners. This is Korean Air’s largest Boeing order, supporting their post-merger transformation.

U.S. Army Special Operations Aviation Command:

Ordered five additional Boeing MH-47G Block II Chinook helicopters. This contract brings the total MH-47G Block II aircraft under contract to 51, supporting ...

https://www.benzinga.com/25/04/44580705/boeing-charting-a-quiet-comeback-aircraft-maker-bags-five-major-contracts-in-last-10-days-heres-what-its-chart-sh