Boeing Stock: Malaysia Order Boosts Shares Amid Challenges

Malaysia Aviation Group announced Friday it will purchase 30 new Boeing 737 aircraft for delivery in 2030, bringing welcome news to the troubled American aircraft manufacturer. The decision came after an extensive evaluation process considering fuel efficiency, environmental impact, operational performance, and technical reliability. This positive development coincides with a significant stock movement for Boeing, which recently jumped 6.84% to close at $172.62, making it one of the top performers in the Dow Jones Industrial Average. The stock remains 12.77% below its 52-week high of $196.93 reached in August 2024, though still 25.33% above its November 2024 low of $137.07.

Global Airlines Face Delivery Delays

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Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Boeing?

Despite the Malaysian order, Boeing continues to grapple with substantial production and delivery delays affecting airlines worldwide. The problems intensified following an incident involving a cabin wall panel last year and worsened during a seven-week worker strike. These disruptions are particularly problematic for carriers like Air India and Akasa Air, which have placed significant orders for Boeing aircraft. Air India's leadership expects global aircraft shortages to persist for at least four years, while Akasa Air faces operational difficulties with hundreds of pilots unable to fly due to aircraft shortages. Analysts maintain a cautious outlook, setting an average price target of $210.00 despite Boeing reporting a substantial Q4 2024 loss of $5.46 per share and a 30.77% revenue decline to $15.24 billion.