Why Boeing (BA) Shares Are Trading Higher Today - Boeing (NYSE:BA)

United Airlines Holdings Inc UAL has announced the largest widebody order by a U.S. carrier in commercial aviation history, with 100 Boeing Co BA 787 Dreamliners with options to purchase 100 more.
Last week, Reuters reported that Boeing and United were close to reaching a deal.
United expects to take delivery of the new widebody planes between 2024 and 2032 and can choose among the 787-8, 9, or 10 models, providing flexibility to support a wide range of routes.
United also exercised options to purchase 44 Boeing 737 MAX aircraft for delivery between 2024-2026 - consistent with the United Next 2026 capacity plan - and ordered 56 more MAX aircraft for delivery between 2027 and 2028.
Related: Air India Close To Order Upto 500 Jets From Airbus, Boeing.
United expects to take delivery of about 700 new narrow and widebody aircraft by the end of 2032.
Approximately 100 planes of the new widebody order are expected to replace older Boeing 767 and Boeing 777, with all 767 aircraft removed from the United fleet by 2030, resulting in up to an expected 25% decrease in carbon emissions per seat.
Price Action: BA shares are up 2.68% at $191.27, while UAL shares are down 1.67% at $43.50 during the premarket session on the last check Tuesday.
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United Airlines, Boeing Finally Strike Largest Widebody Planes Order