Trump Transportation Dept nominee says he will work to restore global confidence in Boeing
1. Transportation nominee to affirm trust in Boeing post-emergency. 2. Focus on restoring confidence could influence BA's market perception.
FAQ
Why Bullish?
Affirmation of trust by government could improve BA's reputation and stock price.
How important is it?
Government confidence in BA is key for investor sentiment and future contracts.
Why Short Term?
Initial public sentiment may shift quickly following the confirmation and statements.