Key insights
- Speculation suggests Boeing and GE CEOs are visiting China to finalize a 500-plane deal, potentially including 737 MAX and 777 aircraft powered by GE engines. A separate deal for GE engines to power COMAC C919 planes is also speculated. If realized, this could positively impact Boeing and GE revenues, boosting their stock prices and overall market sentiment.
Note the flair: Humor
Speculation only. Definitely off topic but no less interesting:
Well as of 6 hours ago, the news have reported that the bosses of BA and GE are confirmed going to China.
Speculation: The administration will sign a 500 plane deal with China. 737max and 777 wide bodies. AllPowered by GE engines.
Speculation: GE will separately sign a deal with China to supply Comac C919 domestic China planes with the GE engines.
(Again) this is my speculation only. My last post on this topic was October last year which didn’t happen as the trip was postponed. I felt more confident because the last minute trip confirmation came from GE.
(Disclosure: GE is half my portfolio, bought and held since 2018. It is probably too late to buy BA or GE. My last WTB price on GE was 270-250)