US plane maker Boeing Co. shares’ reached an all-time high in the wake of news that Chinese airlines had agreed to buy 80 single-aisle 737 jets.
Boeing shares closed up 1.5% to $80.79. They reached a record $80.92 earlier in the day.
Talks to acquire the jets have been ongoing since last year.
Reuters reported that the deal is worth $4.6 billion.
Chinese airlines earlier confirmed orders for 50 of the single-aisle planes late last year.
Optimism over the China deal also boosted trading on Boeing options.
Report by David Wilkening
