The Boeing Company (NYSE:BA) shares trending Friday after the company had an eventful week that included a record aircraft order from Korean Air, progress on 737 MAX certification and maintenance programs and comments from CEO Kelly Ortberg on production challenges that sent shares lower.
- Boeing stock is trading near recent lows. Where is BA stock headed?
737 MAX 10 Certification Progress
On September 14, a Boeing executive said all flight testing has been completed for the 737 MAX 10, with the company aiming to have the variant certified “very soon,” according to Reuters.
American Airlines Landing Gear Exchange
The same day, Boeing and American Airlines announced completion of their first landing gear exchange for the 737 MAX, a milestone the companies said confirms the program’s effectiveness and the quality standards operators expect. As Boeing expands global exchange availability, the program is designed to reduce aircraft-on-ground risk and improve maintenance turnaround for operators.
Korean Air’s Record Order
On September 16, Boeing and Korean Air finalized a record order for 103 Boeing jets, completing a procurement commitment the carrier first made in August 2025. The deal includes 20 777-9s, 25 787-10 Dreamliners, 50 737-10s, and eight 777-8 Freighters, valued at $36.2 billion at list prices.
Production Concerns Weigh on Shares
Speaking at Morgan Stanley’s Laguna Conference the same day, Ortberg told investors it is taking “a little bit longer” than expected to stabilize 737 MAX production at 47 jets a month, citing wing production bottlenecks at the company’s Renton, Washington factory. Shares fell as much as 6% intraday before closing 4.5% lower, marking the stock’s largest single-day drop since May and extending its decline for the year to roughly 7%.
Boeing Shares Trade Flat
BA Price Action: At the time of publication, Boeing shares are trading 0.23% higher at $197.45, according to data from Benzinga Pro.
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