Boeing secured a significant order from Ethiopian Airlines for 20 new fuel-efficient aircraft, including nine 787-9 Dreamliner jets and 11 additional 737 MAX jets, bolstering its strong order backlog.
- The 787-9 Dreamliner jets are intended to expand Ethiopian Airlines' international network, which currently serves 145 destinations.
- The new order adds to Boeing's recent strong performance in January, following contracts with Alaska Airlines and a $2 billion U.S. Air Force B-52 contract.
- BA stock is trading at $242.85, down 1.95% in pre-market trading, consistent with broader market declines.