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Southwest Airlines agrees to buy 100 of Boeing's smallest 737 Max model - TL;DR CNBC

Southwest Airlines agrees to buy 100 of Boeing's smallest 737 Max model

Publishing timestamp: 2021-03-29 11:03:21


Summary

Southwest Airlines agrees to buy 100 Boeing 737 Max 7 planes and convert 70 firm orders for Max 8 planes to Max 7s, showing confidence in Boeing despite previous considerations of adding Airbus A220 planes to fleet. Southwest will maintain an all-Boeing 737 fleet and take delivery of first 30 Max 7 planes in 2022. Boeing shares rose while Southwest shares ended lower.


Sentiment: MIXED

Tickers: UALALKLUVBARYA-IE

Keywords: alaska air group incspirit aerosystems holdings incunited airlines holdings incbusinessinvestment strategyairlinesaerospace and defense industrytransportations&p 500 indexbusiness newsboeing cosouthwest airlines coryanair holdings plcmarkets

Source: https://www.cnbc.com/2021/03/29/southwest-airlines-adds-100-orders-for-boeing-737-max-jet.html


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