Trump admin. announces $10B Boeing deal with an UK airline

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Trump admin. announces $10B Boeing deal with an *** airline

00:00 Speaker A

George, this certainly has catapulted Boeing shares higher on the day. We’re sitting at gains of about 4% on the back of this announcement. As we’re thinking about who potential buyers could be, potentially hearing that later on today, but this all coming as Boeing for itself is trying to make sure for their own production that they’re able to meet some of that demand. What’s your read into this?

00:35 Speaker B

Well, so, I think my first read into this is it’s not surprising. So we expect that as the US negotiates trade deals around the world that, you know, Boeing will probably play a prominent role in a number of them because I think as they, as the administration approaches other governments and talks about balance of payments, uh, it’s it’s only natural that our biggest exporter Boeing, uh, is probably going to be involved in closing that that payment gap. And so, again, not surprising and we’re expecting more. When I look at the ***, uh, you know, I I really think it’s probably, uh, IAG airlines. It’s probably British Air that would place any order of this size. I mean, there’s other airlines like EasyJet, largely a Airbus flyer, a small low-cost carrier. Uh, but British Air already has a number of big Boeing wide bodies and the backlog triple sevens, 787s. So I I could see follow-on orders for some of those.

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