Air India is reportedly to firm up an option for an additional 30 Boeing (BA) 737 Max craft, Bloomberg reports citing sources
Air India's move to firm up an option for 30 additional Boeing 737 Max aircraft signals strong confidence in Boeing's recovery and ongoing demand for air travel, which could be seen as a positive for the aerospace sector.
BofA card spending, week to January 24th: +6.6% Y/Y (prev. 4.6% Y/Y). Spending growth grew in groceries and general merchandise, indicative of stockpiling before the Winter storm
Sources from Arab TV report that disputes are still ongoing between Egypt and Israel regarding the number of people crossing through the Rafah in both direction on a daily basis
Air India is reportedly to firm up an option for an additional 30 Boeing (BA) 737 Max craft, Bloomberg reports citing sources
JPMorgan's (JPM) Australian investment banking division has a bonus pool 10-15% higher Y/Y, AFR reports citing sources; division is expanding its team
China is reportedly making plans to strengthen fiscal and financial support for services consumption
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This deal may enhance Boeing's backlog and could influence sentiment toward both Boeing and airline equities more broadly, potentially supporting stock prices in the industry.
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