New York, Feb 19, 2026, 15:08 EST — Regular session
- Boeing shares down about 2% in afternoon trade
- Vietnam Airlines, Sun PhuQuoc and Vietjet sign Boeing jet deals and financing
- FTC finalizes consent order tied to Boeing’s planned Spirit AeroSystems deal
Boeing shares fell about 2% on Thursday afternoon, giving back ground even after a fresh batch of jet deals from Vietnam and a U.S. antitrust milestone tied to its planned Spirit AeroSystems acquisition.
The Vietnam agreements add to Boeing’s order backlog, but much of the value is tied to deliveries years away. Investors have been quick to weigh near-term production and cash generation against long-dated order headlines.
Three Vietnamese airlines signed agreements with Boeing worth about $30 billion as Vietnam and the United States negotiate a new trade deal, Reuters reported. Vietnam Airlines said it signed an $8.1 billion agreement for 50 737-8 jets, with deliveries scheduled between 2030 and 2032. (Reuters)
Vietnam’s newly established Sun PhuQuoc Airways signed a $22.5 billion deal for 40 787-9 Dreamliners, the airline said, aiming to support future long-haul routes including the United States. (Reuters)
Budget carrier Vietjet also announced a $965 million financing agreement with Griffin Global Asset Management to buy six Boeing 737-8 aircraft, describing it as part of a push to diversify funding sources. (Reuters)
“The investment in 50 Boeing 737-8 aircraft marks a significant step in building a modern, fuel-efficient fleet,” Vietnam Airlines chairman Dang Ngoc Hoa said in a Boeing statement on Wednesday. (Boeing)
Sun Group chairman Dang Minh Truong said Sun PhuQuoc selected the Boeing 787-9 “for its superior operational performance,” according to Boeing’s release announcing the widebody order. (Boeing)
Separately, the U.S. Federal Trade Commission finalized a consent order — a binding settlement that sets conditions — related to Boeing’s planned acquisition of Spirit AeroSystems. The FTC said the order requires Boeing to divest significant Spirit assets and includes provisions aimed at protecting Airbus and rival military aircraft contractors’ access to Spirit aerostructures and services. (Federal Trade Commission)
The broader jet sector stayed sensitive to supply-chain constraints. Airbus shares fell sharply in Europe after it lowered jet production targets, Reuters reported, a reminder that turning demand into deliveries remains the hard part for planemakers and suppliers. (Reuters)
But the near-term risks for Boeing have not gone away. Deliveries on the Vietnam Airlines order are not due until 2030–2032, and Boeing still faces execution pressure around production and certification — including work to certify the 737 MAX 7 and 10 and the delayed 777X, Reuters has reported. (Reuters)
Traders are also watching the 777X program for visible milestones. Boeing plans the first flight of a production-model 777X in April, a document seen by Reuters showed, a step toward the testing needed for certification. (Reuters)
Next up, investors will look for updates on the Spirit divestiture process under the FTC order and whether Boeing can keep converting headline orders into deliveries — with the 777X production-flight target in April as the next clear marker.
