Boeing Secures Central Asian Jet Deals Amid Trade Expansion
Boeing's stock showed muted movement despite securing significant aircraft orders from Central Asia. The U.S. aerospace giant finalized agreements to sell up to 37 jets to airlines in Kazakhstan, Tajikistan, and Uzbekistan during the C5+1 Summit in Washington. These deals highlight Boeing's strategic role in U.S. trade diplomacy and its expanding footprint in emerging aviation markets.
Kazakhstan's Air Astana committed to purchasing up to 15 Boeing 787-9 Dreamliners, while Uzbekistan Airways confirmed orders for eight 787s, bringing its total to 22 widebody aircraft. Tajikistan's Somon Air made its first widebody purchase with four 787-9s and ten 737 MAX jets. The announcements came as Boeing shares traded at $196.50, down 0.57% at close, before edging 0.36% higher pre-market.
The deals underscore growing aviation demand in Central Asia, with Boeing positioned as the primary beneficiary. Market observers note these orders could precede larger transactions, particularly with China, where pent-up demand for aircraft remains unresolved.