Shares of Boeing Co. (BA) shot up 5.6% in premarket trading Friday, to pace all of the Dow Jones Industrial Average's gainers ahead of the open, after the EU's aviation regulator said the aerospace giant's 737 MAX aircraft could start flying again this year ( ). The stock's implied price gain would add about 61 points to the Dow's price, while Dow futures rose 126 points, or 0.4%. The EU regulators comments, which were made in an interview with Bloomberg ( ), also helped provide a lift shares of air carriers, with American Airlines Group Inc. (AAL) up 1.5%, United Airlines Holdings Inc. (UAL) rising 1.2% and Delta Air Lines Inc. (DAL) gaining 1.4%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
October 16, 2020 08:51 ET (12:51 GMT)
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