New York, February 6, 2026, 20:46 EST — The market has closed.
- Boeing finished Friday’s session up roughly 2.6%, settling at $243.03.
- India announced that its upcoming U.S. trade agreement, targeted for March, covers a Boeing aircraft purchase plan worth between $70 billion and $80 billion over five years.
- Saudia is said to be in the early stages of discussions for at least 150 jets, though delivery schedules remain uncertain with supply-chain issues still looming.
Boeing Co (NYSE: BA) jumped 2.6% to finish at $243.03 on Friday, moving higher alongside other U.S. industrials as traders sized up new indicators for long-cycle aircraft demand. 1
This shift is key for Monday: Boeing’s stock has been caught between fresh order momentum and the grind of converting its backlog into actual deliveries. Orders help shape the narrative, but it’s deliveries that generate cash. The stock has taken hits before when that gap widened.
India’s Trade Minister Piyush Goyal told reporters in New Delhi that a formal trade agreement with the United States is on track for a March signing. The deal would see India purchase roughly $500 billion worth of U.S. goods over five years, with Boeing aircraft accounting for $70–80 billion of that total. Goyal said a joint statement from the two countries is expected within four or five days. “A formal agreement on this deal will take 30-45 days and will be signed in March,” he said. 2
India has signaled plans to buy U.S. goods, among them aircraft and related parts, according to an interim trade framework made public Friday. The document also describes possible tariff changes—potentially extending to aircraft components down the line as negotiations advance. Relief may be in the cards for some U.S. national-security tariffs currently hitting Indian aircraft and parts with metal-related duties, the framework noted. 3
Bloomberg News says Saudia has started preliminary discussions with Boeing and Airbus on a potential purchase of no fewer than 150 jets, both narrowbody and widebody models. The narrowbodies—single-aisle planes—serve shorter flights, while widebodies, with their two aisles, are built for longer distances. Reuters was unable to independently confirm the Bloomberg report. 4
Airlines and suppliers are flagging persistent parts shortages that continue to hold up deliveries from Airbus and Boeing, forcing operators to keep aging jets in service. “We are afraid that this new norm will stay, which is completely unacceptable,” said Jeffrey Lam, commercial aerospace chief at ST Engineering, speaking to Reuters. IATA Director General Willie Walsh described the mounting expenses for airlines as “very frustrating.” 5
Boeing caught a boost from a strong market backdrop. The Dow closed higher than 50,000 for the first time ever, and the S&P 500 advanced 1.97% as investors snapped back into risk mode after a shaky week, giving cyclical stocks a push across the board. 6
Boeing’s investor messaging has been banking on a bounce-back for its commercial segment after a rocky stretch of crises and production snarls. The company delivered 600 aircraft in 2025—a jump of 72% from the year before—and racked up 1,175 fresh orders, according to a Reuters report in January. Airbus still shipped more planes, though. 7
Still, there’s fine print attached to these new developments. The India aircraft number is wrapped up in a larger buying promise linked to trade talks, leaving timing and the breakdown of buyers up in the air. Over at Saudia, talks are just getting started. Major airline deals like these have a habit of being split up, pushed off, or reworked as funding and fleet strategies evolve.
U.S. markets are shut for the weekend, so attention shifts to Monday, when investors will be waiting for specifics in the upcoming U.S.-India joint statement. The focus: whether promised aircraft buys actually become binding orders. Saudia’s response—or its absence—could signal the next move.
