Boeing ends year on high-flying note, with orders, more
SEATTLE - The Boeing Co., its employees and stockholders all ended the year on a high-flying note.
The aerospace giant got a year-end bonus overnight from Morocco's flagship carrier Royal Air Maroc with an order for four 787-9 Dreamliners valued at $1.1 billion at list prices.
The airline already has five 787-8s. The additional planes will enable the carrier to expand international service from Casablanca to North America, South America, the Middle East and Europe.
But the good news doesn't end there. Those who own Boeing stock are happily toasting a banner year as well.
Forbes says Boeing has produced a 96 percent year-to-date return - fueled in part by a huge demand for its 737 narrow body jets.
Right now Boeing stock hovers at around $295 a share.