1. Qatar Airways placed the largest order ever for 787 jets. 2. Boeing and GE Aerospace secured a $96 billion agreement with Qatar. 3. Boeing has a backlog of almost 5,700 undelivered jets. 4. Deliveries expected to rise to about 560 jets in 2025. 5. Boeing stock is up 15% year to date.
The sizable new order from Qatar Airways significantly boosts Boeing's revenue projections and backlogs, similar to past major contracts that drove stock prices upward.
Major contracts like this one have proven to drive Boeing's stock performance positively, influencing investor sentiment and long-term financial health.
The substantial order and anticipated increased deliveries indicate sustained growth over multiple years, a pattern observed with prior contracts boosting Boeing's financial forecast.