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December 24, 2023

Boeing May Get Back In the Swing of Things Back East

Chinese Deliveries of 737 MAX Aircraft Could Be Coming Soon

Boeing made its first direct delivery to China since 2019, piquing investor interest as hopes of wider deliveries increase. The aircraft was a 787 Dreamliner, not quite the firm's best-selling bread & butter 737 MAX, but the handover is a good sign that things may be returning back to normal in the near future. The Aircraft, a -9 bound for Juneyao Airlines, took off from Everett Paine Field in Washington state Bound for Shanghai in the late morning on December 21st. The news bounced Boeing shares up a smidge, less than 2% but enough to indicate that people are watching the manufacturer for signs of health even now.

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FedEx Pilots Note Recent Earnings Announcement

Despite Lowered Expectations for Investors, Pilots Keep Eye on the Ball

FedEx pilots responded to the company's 2nd-quarter financial results by way of their Air Line Pilots Association team, reminding executives that they still owe their employees a contract. Captain Billy Wilson, chair of the FedEx ALPA Master Executive Council, said “While FedEx may have missed on financial analysts’ expectations during yesterday’s earnings announcement, it is imperative that FedEx not miss on the expectations of FedEx pilots during their resumption of contract negotiations."

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