{"id":83879,"date":"2023-11-13T06:25:39","date_gmt":"2023-11-13T11:25:39","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/china-may-buy-boeing-737-airplanes-the-stock-is-rising\/"},"modified":"2023-11-13T06:25:41","modified_gmt":"2023-11-13T11:25:41","slug":"china-may-buy-boeing-737-airplanes-the-stock-is-rising","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=83879","title":{"rendered":"China May Buy Boeing 737 Airplanes. The Stock Is Rising."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000798443\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Aerospace and defense company<br \/>\n        Boeing<br \/>\n       is rising early Monday after a report saying that a yearslong freeze on sales in China could soon be lifted.<\/p>\n<p>The Chinese government is considering a commitment to buy Boeing (ticker: BA) 737 jetliners as President Joe Biden meets Xi Jinping in San Francisco this week, Bloomberg reported, citing unidentified people familiar with the plans. Boeing hasn\u2019t made any significant sales of the 737 in China since 2018, when the model was grounded after two crashes.<\/p>\n<div class=\"paywall\">\n<p>Separately, Boeing announced Monday that Turkish German airline SunExpress will buy up to 90 of the 737 MAX Jets. According to a Reuters report, Emirates will order 90 777X jets. <\/p>\n<p>The prospect of new 737 sales comes as Boeing shows off other models at the Dubai Air Show. It is showcasing the 777 and 787 family of fuel-efficient models, as well as jet fighters and Apache and Chinook helicopters for military use.<\/p>\n<p>\u201cWith some of its biggest buyers, the U.K., U.S. and Europe, all expected to continue raising defense budgets over the coming years, the sky really is the limit for this jet-maker,\u201d said Aarin Chiekrie, an analyst at Hargreaves Lansdown.\u00a0<\/p>\n<p>Shares were up 3.2% in premarket trading to $202.90. The stock has gained more than 13% this year, even though investors have generally been disappointed with the company\u2019s earnings. Last month, Boeing reported a wider-than-expected loss for the third quarter.<\/p>\n<p>Write to Brian Swint at brian.swint@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/china-boeing-airplanes-stock-15b5f23e?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aerospace and defense company Boeing is rising early Monday after a report saying that a yearslong freeze on sales in China could soon be lifted. The Chinese government is considering a commitment to buy Boeing (ticker: BA) 737 jetliners as President Joe Biden meets Xi Jinping in San Francisco this week, Bloomberg reported, citing unidentified [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-83879","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China May Buy Boeing 737 Airplanes. The Stock Is Rising. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Aerospace and defense company Boeing is rising early Monday after a report saying that a yearslong freeze on sales in China could soon be lifted. 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