Boeing regains altitude with 737 Max orders

In a deal worth $24bn, IAG, the parent company of British Airways and Iberia, plans to buy 200 of Boeing's troubled 737 Max planes.

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Boeing 737 Max.
(Image credit: 2019 Getty Images)

Could Boeing have broken its 737 Max (pictured) curse? The plane is still grounded worldwide following two fatal accidents in the past year and it remains an open question when it will fly again, says Bruno Trevidic in Les chos. Yet the second day of the Paris Air Show brought an "enormous coup de thtre" in the form of an unexpected order from IAG. The parent company of British Airways and Iberia plans to buy 200 of the troubled planes. The deal is worth $24bn.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.