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3/27, 2:48 AM (Source: TeleTrader)
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Trump: Relief package will save Boeing, airlines

United States President Donald Trump asserted on Thursday the $2 trillion coronavirus stimulus package will save the country's planemaker Boeing Co. and domestic airlines from troubles caused by the COVID-19 pandemic.

Earlier in the week, Trump insisted multiple times Boeing would need the government's support to overcome the virus crisis, as the company already had issues regarding its 737 MAX aircraft.

Boeing's stocks closed almost 14% in the green on Thursday and gained 2.46% in the extended-hours trading, recovering some losses which stretched to a notable 40% in the previous 30 days.

Breaking the News / ND