Boeing Stock Leaps After 130 737 Max Order From Delta Air Lines

Updated at 10:42 am EST

Boeing  (BA) – Get The Boeing Company Report shares powered higher Monday after Delta Air Lines  (DAL) – Get Delta Air Lines Inc. Report said it will buy at least 100 of the planemaker’s 737 Max jets, its largest order in more than a decade, to add to its expanding fleet.

Delta, which is heading into its strongest summer demand since the pandemic but is being squeezed by high fuel and labor costs that have limited its ability to expand schedules, agreed the purchase with Boeing at the Farnborough Air Show in southwest England.

Source: https://www.thestreet.com/markets/boeing-stocks-leaps-after-130-737-max-order-from-delta-air-lines?puc=yahoo&cm_ven=YAHOO&yptr=yahoo