Boeing went down on the stock exchanges in New York on Monday despite a billion-dollar order that the aircraft manufacturer secured from airline Pegasus.
The Turkish budget airline ordered one hundred aircraft of the type 737 MAX 10 for 36 billion dollars. It is Pegasus’s most significant order, as it was previously often ordered from competitor Airbus. Boeing shares nevertheless lost 0.3 percent.
Boeing is under increased supervision of the aviation authority FAA after a series of incidents with aircraft from the manufacturer. The production of 737 MAX aircraft, Boeing’s best-selling aircraft, was also recently halted for months due to a strike.
The general mood on Wall Street was mixed after Friday’s strong price recovery. The Dow Jones index was down 0.3 percent at 42,699 points shortly after the market opened. The broad S&P 500 index fell 0.1 percent to 5925 points, and the tech benchmark Nasdaq gained 0.2 percent to 19,617 points.
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