Boeing shares climbed 2% on Tuesday after announcing a deal with Uzbekistan Airways to purchase up to 22 787 Dreamliner jets. The national carrier plans to acquire 14 planes and left the option for eight more. According to the company, the deal will support around 35,000 U.S. jobs and help expand its international network, including flights to the United States.
Optimism was further fueled by remarks from U.S. Ambassador to China David Perdue, who said negotiations on a possible contract with China are in their “final stage.” A potential deal would mark the first sale to the country in several years after purchases were halted amid the 737 Max crisis. Boeing representatives declined to comment on the possible agreement but emphasized that the Chinese market remains strategically important.
This comes against the backdrop of recent difficulties for the company — from safety concerns and a criminal investigation to worker strikes. Nonetheless, Donald Trump’s administration views Boeing as a key element in reviving American manufacturing, and the president himself intends to discuss the prospects of a deal with Chinese leader Xi Jinping during upcoming meetings.