BUZZ-Boeing deliveries rise in March, shares up

Reuters
08 Apr
BUZZ-Boeing deliveries rise in March, shares up

** Shares of Boeing BA.N rise 4.3% to $144.79 amid a broader market recovery

** Planemaker's deliveries jump 41% over a year earlier to 41 jets in March

** Company booked 163 net orders in March, including 88 for 737 MAX

** Its European rival Airbus AIR.PA delivered 71 airplanes in March

** BA holds a trailing 12-month P/E ratio of -9 vs an industry median of 14.13 - data compiled by LSEG

** YTD, stock down 17.7% vs 5.4% fall in S&P 500 Aerospace and Defense index .SPLRCAED

(Reporting by Abhinav Parmar in Bengaluru)

((abhinav.parmar@thomsonreuters.com))

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