Aerospace ETFs Gain Amid Amazon Purchase Of Boeing Jets
January 05, 2021 at 14:44 PM EST
On Tuesday, Boeing shares surged and aerospace ETFs gained amid news that Amazon (AMZN) said it’s purchasing 11 used Boeing 767-300 jets from Delta and WestJet. The move happens as airlines struggle to reduce their fleets, in an attempt to mitigate lower demand due to the coronavirus. Amazon and...