Boeing and United Airlines to make a historic announcement tomorrow

Boeing and United Airlines are to make a “historic announcement” on Tuesday.

Using the word “historic” certainly catches your attention.

Boeing shares closed $179. It is currently trading in after-hours trading at $178.64. Meanwhile United Airlines close at $42.80 and is currently trading at $42.85.

Boeing shares are up from a September 30 flow of $120.99. That’s a gain of 48%. Meanwhile United Airlines is up 35% from its October 3 low.

The post Covid travel demand is still strong. Prices for jet fuel are down from a peak but still up from year ago.