New York, Feb 19, 2026, 15:08 EST — Regular session
- Boeing shares slipped roughly 2% in afternoon trading.
- Vietnam Airlines, Sun PhuQuoc, and Vietjet have struck separate agreements with Boeing, covering both aircraft purchases and financing arrangements.
- The FTC has finalized a consent order connected to Boeing’s planned acquisition of Spirit AeroSystems.
Boeing dropped roughly 2% Thursday afternoon, slipping despite new jet orders out of Vietnam and progress on the U.S. antitrust front for its proposed Spirit AeroSystems buyout.
Boeing’s backlog grows with the Vietnam deals, although a large portion of the value hinges on aircraft that won’t be delivered for years. Investors haven’t wasted time—scrutinizing what these orders mean for short-term production rates and cash flow, rather than just focusing on the splashy future numbers.
Boeing landed roughly $30 billion in deals with three Vietnamese carriers as Vietnam and the U.S. work out a fresh trade agreement, according to Reuters. Vietnam Airlines has inked an $8.1 billion order for 50 737-8 jets, with deliveries lined up for 2030 through 2032.
Sun PhuQuoc Airways, a newcomer to Vietnam’s aviation scene, has agreed to buy 40 Boeing 787-9 Dreamliners in a deal worth $22.5 billion, according to the airline. The order is pitched at expanding long-haul options, with eventual plans to fly to the United States.
Vietjet, the budget airline, said it struck a $965 million deal with Griffin Global Asset Management to finance six Boeing 737-8 jets. The company called the move a step toward broadening its funding base.
Vietnam Airlines is taking a “significant step” toward modernizing its fleet with the purchase of 50 Boeing 737-8 jets, according to chairman Dang Ngoc Hoa’s remarks in a statement released by Boeing on Wednesday. Boeing
Sun Group chairman Dang Minh Truong pointed to the Boeing 787-9’s “superior operational performance” as the reason Sun PhuQuoc made its pick, Boeing said in a release detailing the widebody jet order. Boeing
The U.S. Federal Trade Commission, for its part, has wrapped up a consent order tied to Boeing’s move to acquire Spirit AeroSystems. Under the FTC’s terms, Boeing must shed key Spirit assets, and the deal lays out protections to keep Airbus and competing military aircraft suppliers connected to Spirit’s aerostructures and services.
The jet sector remained on edge over ongoing supply-chain issues. Airbus stock tumbled in European trading after the company cut its jet output targets, Reuters said. Deliveries still lag demand—that hurdle isn’t going away for planemakers or their suppliers.
Boeing’s immediate challenges remain. The Vietnam Airlines jets aren’t scheduled for delivery until 2030–2032, leaving the company with continued pressure on both production and certification fronts. Boeing still needs to get the 737 MAX 7 and 10 through certification, as well as the much-delayed 777X, Reuters noted.
The 777X program is drawing plenty of trader attention as they look for signs of progress. Boeing expects to get its first production-model 777X in the air this April, according to a document reviewed by Reuters—a key move toward the certification testing phase.
Investors now turn their attention to updates on the Spirit divestiture process, as required by the FTC order, and to see if Boeing will succeed in turning headline orders into actual deliveries. The 777X’s production-flight target, set for April, stands out as the next milestone to watch.
