Turkish Airlines to meet Boeing, CFM in coming weeks, chairman says
1. Turkish Airlines plans to discuss a major Boeing 737 MAX jet order soon. 2. The deal involves Boeing and engine supplier CFM, impacting BA's prospects.
FAQ
Why Bullish?
A major order from Turkish Airlines can boost BA's sales and market confidence, similar to past orders that significantly improved stock performance.
How important is it?
The planned order indicates growing demand for aircraft, directly benefiting BA's revenue outlook in the near future.
Why Short Term?
With the planned discussions imminent, any resulting order could quickly influence BA's stock price and investor sentiment.