- Boeing Company (NYSE:BA) will reportedly get orders for long-haul jets like 777X, or 787 from Emirates, as the Dubai-based carrier sees demand through 2030.
- Emirates may also order from Airbus SE (OTC:EADSY) an Airbus 350 to cater to the demand, Reuters reported, citing a statement from Emirates President Tim Clark.
- Speaking in Istanbul on Tuesday, Clark said he was “perhaps a little more confident” in Boeing’s ability to get the new aircraft out, the report added.
- Emirates will receive the delivery of the first aircraft in the last quarter of 2025.
- Also Read: Boeing Increases 787 Dreamliner Production Rate To Four Per Month: Report
- Earlier in 2019, Emirates reduced its order for 150 777X to 126 jets as part of a deal that saw the airline order 30 787 Dreamliners, the report added.
- Also Read: Boeing’s Frustrating Supply Chain Saga: From Progress to ‘Surprise Issues’
- Price Action: BA shares are trading higher by 0.15% to $209.09 in the premarket session on the last check Tuesday.
Piper Sandler Maintains Overweight on Snowflake, Lowers Price Target to $200
Piper Sandler analyst Brent Bracelin maintains Snowflake (NYSE:SNOW) with a Overweight and lowers the price target from $218 to $200.
