Boeing Receives Order For Six More MAZ-8s From Virgin Australia As Demand Remains Strong
Portfolio Pulse from Shivani Kumaresan
Virgin Australia has placed an order for six additional Boeing Co (NYSE:BA) MAX-8 aircraft, bringing their total MAX-8 order to 14 and their total latest generation aircraft to 39. These new MAX-8s, which are expected to be delivered in the second half of 2024, will support Virgin's goal to reduce carbon emissions intensity by 22% by 2030. The aircraft are more fuel-efficient and quieter than the older generation 737s. Boeing's stock (BA) saw a slight increase of 0.43% to $220.85.
November 24, 2023 | 2:32 pm
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Boeing receives an additional order for six MAX-8s from Virgin Australia, indicating strong demand for its aircraft and a positive outlook for future revenues.
The additional order from Virgin Australia for Boeing's MAX-8 aircraft suggests a strong demand for Boeing's products, which is likely to have a positive impact on the company's short-term revenue prospects. The news of the order has already had a slight positive effect on Boeing's stock price, indicating investor confidence in the company's growth and future earnings potential.
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