Israel's El Al Selects Boeing 737 MAX To Renew Short-Haul Fleet
Portfolio Pulse from Benzinga Newsdesk
Israel's El Al has chosen Boeing's 737 MAX aircraft to renew its short-haul fleet, indicating a significant order for Boeing.
June 10, 2024 | 4:22 pm
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POSITIVE IMPACT
Boeing has secured a significant order from Israel's El Al for its 737 MAX aircraft to renew El Al's short-haul fleet.
The order from El Al for Boeing's 737 MAX is a positive development for Boeing, likely boosting its sales and market position in the short-haul aircraft segment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
El Al's decision to renew its short-haul fleet with Boeing 737 MAX aircraft could positively impact the iShares MSCI Israel ETF (EIS) by improving the performance of one of its key holdings.
El Al's fleet renewal with Boeing 737 MAX aircraft is likely to improve its operational efficiency and market competitiveness, which could positively impact the iShares MSCI Israel ETF (EIS) that includes El Al as a key holding.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70