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Technology Stocks : Boeing keeps setting new highs! When will it split?

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From: Eric	9/26/2025 1:47:20 PM
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Boeing & Aerospace Business International Trade Markets Nation Nation & World Nation & World Politics World Boeing scores Turkish Air order for 50 planes, options for more Sep. 26, 2025 at 4:40 am Updated Sep. 26, 2025 at 6:57 am A Turkish Airlines Boeing 737-800 lands at Geneva Airport in Switzerland. (Fabrice Coffrini/AFP/Getty Images) By Leen Al-Rashdan Bloomberg Boeing landed one of its biggest deals this year, with Turkish Airlines agreeing to buy as many as 225 jets following a White House meeting between President Donald Trump and Turkey’s Recep Tayyip Erdogan. Turkey’s flagship carrier will purchase 50 787 Dreamliners, with options for 25 more, according to a stock exchange filing Friday. Deliveries are scheduled between 2029 and 2034. Talks with Boeing for 150 narrowbodies — 100 firm and 50 options for the 737 MAX 8 and Max 10 — have also been completed, pending a final agreement with engine maker CFM International Inc., Turkish Airlines said. Negotiations are ongoing with Rolls-Royce Holdings PLC and General Electric Co for the purchase of wing-mounted engines, spare engines, and engine maintenance services for the widebody 787 aircraft. Aircraft deals have become a staple of Trump’s meetings with foreign leaders. In recent months, he’s taken credit for getting major purchases over the line, from British Airways buying US-made jets to Qatar placing the biggest widebody order in Boeing’s history. The Turkish accord gives Trump a win as he seeks to reduce the US trade deficit and burnish his dealmaking credentials. For Erdogan, it marks progress toward resolving a standoff over Lockheed Martin Corp.’s F-35 fighter jets that strained ties between the NATO allies. Related Boeing lands one of its biggest deals of the year Airline failed to divert 8-hour flight after man suffered 2 strokes, jury finds Sammamish woman selected as one of NASA’s 10 astronaut candidates The Boeing order could exceed $22 billion based on Ishka Ltd. valuations that account for industry-standard discounts. Turkish Airlines, which has ambitions to nearly double its fleet in the next decade and make Istanbul a global hub, also ordered as many as 230 jets from Airbus SE in 2023. Erdogan has championed a strong national carrier to help put Turkey and its $1.4 trillion economy on the global map. Turkish Airlines says it already flies to more countries than any other carrier, using its hub in Istanbul as a major transfer point. This story was originally published at bloomberg.com. Read it here. seattletimes.com

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