The Chicago Entrepreneur

: Boeing stock rallies after Ryanair orders 300 new 737-Max-10 aircraft valued at over $40 billion, for delivery starting 2027

Shares of Boeing Co. BA climbed 2.1% in premarket trading Tuesday, after Ryanair Holdings PLC RYAAYIE:RYA said it ordered 300 new Boeing 737-Max-10 aircraft in a deal valued at more than $40 billion. Ireland-based air carrier Ryanair shares rose 0.8% in European trading. The order, which includes 150 firm orders and options to buy 150 aircraft, is for delivery between 2027 to 2033. Ryanair said the order will enable it to create 10,000 new jobs for pilots, cabin crew and engineers. “We are committed to delivering for Ryanair and helping Europe’s largest airline group achieve its goals by offering its customers the lowest fares in Europe,” said Boeing Chief Executive Officer David Calhoun. Boeing’s stock has gained 3.6% year to date through Monday, while Ryanair’s U.S.-listed shares have rallied 28.7% and the Dow Jones Industrial Average DJIA has tacked on 1.4%.

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