NASA Backs Boeing Starliner Revival Amid Akasa Air's Huge Order Talks
NASA is giving Boeing's Starliner program a second chance by backing an uncrewed test in 2027, according to a recent report. This move comes after several delays and setbacks for the spacecraft.
Meanwhile, Indian carrier Akasa Air is in talks with Boeing to order over 200 737 Max jets, which could lead to a deal worth billions of dollars before customary discounts. The proposed agreement would significantly strengthen Boeing's position in India's rapidly growing aviation market.
The stock traded nearly 1% higher on Friday after the news broke out, but remains under pressure from a longer-term technical perspective. The moving-average structure is bearish, with the 20-day SMA below the 50-day SMA, and momentum indicators also suggest weakness.