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US stock movement | Boeing rose over 1.4% after being awarded a $0.616 billion contract by the USA Department of Defense.
On January 7, Grlonghui reported that Boeing (BA.US) rose by over 1.4%, reaching $173.2. In news, Boeing received a $0.616 billion contract from the USA Department of Defense for the Eagle Passive Active Warning Survival System (EPAWSS). (Grlonghui)
Step one of the fleet monetization plan! Southwest Airlines (LUV.US) has signed an Aircraft Sale and Leaseback Agreement.
Southwest Airlines will gain $92 million by selling and leasing back 35 Boeing 737-800 aircraft.
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Southwest Airlines has reached an after-sales leaseback agreement for 36 Boeing aircraft.
On January 7, Glonghui reported that Southwest Airlines announced on Tuesday that it had reached an agreement with Babcock & Brown Aircraft Management Company to sell and lease back 36 Boeing 737-800 aircraft. A sale-leaseback transaction refers to airlines selling their used or newly purchased jets to leasing companies and then leasing them back for their own use. This is a method for Global airlines to quickly raise funds and strengthen their financial conditions. After the pandemic, due to a shortage of new aircraft, a surge in demand and prices for jets, sale-leaseback transactions have become more popular. The airline completed the sale-leaseback of 35 aircraft at the end of December and gained 8.7.
Express News | A Russian passenger plane made an emergency landing at Moscow airport.
Express News | Boeing 737 Passenger Plane Flying From Russia to Uzbekistan Makes Emergency Landing at Moscow's Vnukovo Airport, Ria News Agency Reports
Southwest Airlines in Sale-Leaseback Deal for 36 Boeing 737-800s
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SOUTHWEST AIRLINES AND BABCOCK & BROWN AIRCRAFT MANAGEMENT ("BBAM") ANNOUNCE THE SALE AND LEASEBACK OF 36 AIRCRAFT
Express News | Southwest Airlines Co - Enters Sale-Leaseback Agreement With With Babcock & Brown Aircraft Management for 36 of Co's Boeing 737-800 Aircraft
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Major bank rating | Barclays: Raised Boeing's Target Price to $210, expecting positive growth in EPS this year.
On January 7, Gelonghui reported that Barclays raised Boeing's rating from "Neutral" to "Shareholding," and the Target Price was raised from $190 to $210. Barclays expects Boeing's EPS to achieve positive growth by 2025, and the performance of the Aviation Industry will further outperform other Industries. (Gelonghui)
Express News | South Korea's Transport Minister Says He Intends to Resign Over Deadly Plane Crash