Boeing Secures 40 Dreamliners and 50 MAX Jets from Vietnam Carriers
Boeing secured orders for up to 40 787-9 Dreamliner jets from Sun Phu Quoc Airways and 50 737-8 MAX aircraft from Vietnam Airlines, marking the largest widebody order in Vietnam’s history. Boeing is 4.57% of PFF, so the new long-haul and narrowbody backlog could modestly support the ETF’s income.
1. Vietnam Jet Order Details
Boeing clinched two landmark deals in Vietnam: Sun Phu Quoc Airways ordered up to 40 787-9 Dreamliners—Vietnam’s largest widebody order—and Vietnam Airlines committed to 50 737-8 MAX jets. These orders expand Boeing’s presence across both long-haul and regional markets in Southeast Asia.
2. Backlog and Revenue Impact
The combined orders add significant value to Boeing’s existing backlog, with expected revenue running into multiple billions of dollars over the delivery span. The 787-9 Dreamliner’s long-range capabilities and the 737-8 MAX’s efficiency reinforce Boeing’s product mix and margin outlook.
3. PFF Exposure and ETF Implications
With Boeing representing 4.57% of the iShares Preferred and Income Securities ETF (PFF), the firm’s strengthened order book may support future cash flows. Improved aircraft deliveries could underpin Boeing’s credit metrics and bolster PFF’s preferred yield profile.