Economics
Boeing Stock Rises on Ryanair’s $11 Billion 737 Max Order
This article is for subscribers only.
Boeing Co. rose the most among stocks in the Dow Jones Industrial Average after Ryanair Holdings Plc agreed to buy as many as 200 of the high-density jets being added to the planemaker’s 737 Max family.
Europe’s largest discount carrier said today it will order 100 of the new models, dubbed the Max 200, and acquire options for 100 more. The initial deal size is $11 billion at list prices, doubling to $22 billion if Dublin-based Ryanair takes the rest of the planes.