Aircraft Purchase - Gulf Air to purchase 18 Boeing 787 Dreamliner jets [1] - The aircraft will be equipped with GE engines [1] - This breaks from past purchases of the model powered by Rolls-Royce engines [1]

Angola’s state-owned carrier TAAG will acquire Boeing 787-10 aircraft and spare engines under a $297 million financing deal approved by the US Export-Import Bank https://t.co/83GWJhR1Vy ...

Core Insights - Boeing is experiencing steady momentum in its 737 and 787 programs, overcoming typical seasonal slowdowns and an initially sluggish start [1] - Bank of America Securities analyst Ronald J. Epstein maintains a Buy rating on Boeing with a price target of $260, indicating confidence in the company's delivery and production trajectory [1] 737 Program - By mid-July, Boeing delivered 10 737s, which aligns with its usual monthly cadence, with expectations for acceleration in the second half of the month [2] - Epstein projects at least 30 737 deliveries for July, following a rate of 38 in June, despite potential seasonal slowdowns in July and August [4] 787 Program - The 787 program is performing well, with four deliveries completed by mid-July, and Epstein expects total deliveries to reach eight or nine units, potentially matching the year-to-date high of nine [4][5] - Three 787s have already been rolled out in July, with an anticipated total of six, in line with Boeing's plan to transition to a production rate of seven this year [5] Market Activity - There is a positive shift in activity from China, with two aircraft reactivated and more pre-delivery flights occurring, leading to three deliveries to China in July, with potential to reach six by month-end [3]

智通财经7月17日电，美国联合航空公司高管表示，波音最大型飞机的交付实际上略提前于计划。 ...

Market Overview - The market is anticipating that the Federal Reserve will implement up to three rate cuts before the end of 2025, leading to increased stock prices as investors expect a repeat of past trends [1] - The broader S&P 500 and Nasdaq-100 indexes have already priced in some of this narrative [1] Company-Specific Insights AT&T - AT&T has a significant debt load, with 54.4% of its balance sheet in debt, which positions it well to benefit from lower interest rates [4] - Analysts have recently increased their ratings and valuations for AT&T, with a price target of $32 per share, indicating a potential upside of 20% from current levels [5][6] Boeing - Boeing's stock has shown a strong recovery, trading at a new 52-week high with a quarterly performance increase of 44.4% [7] - Institutional interest in Boeing has grown, with Kingstone Capital Partners becoming the largest institutional holder at $378.5 million [8] - Boeing's balance sheet shows a high debt level at 91.2%, but analysts predict further price increases, with a target of $275 per share, suggesting a potential rally of 22% [10] Exxon Mobil - Exxon Mobil has seen a complete reduction in short interest, indicating market confidence in its balance sheet and future performance [12] - The company currently holds about 12% debt, significantly lower than historical levels, positioning it to take advantage of lower interest rates for future growth [13] - With oil prices expected to rise, Exxon Mobil is anticipated to benefit from a favorable market environment [14]

Indonesia is working to revive a deal with Boeing as it seeks to forge favorable ties with the Trump administration https://t.co/yhn1FoCT7L ...

Core Viewpoint - The European Union (EU) is facing a critical situation due to the announcement of a 30% tariff on EU exports by U.S. President Trump, which could have disastrous economic impacts on the EU if negotiations do not yield a better agreement before the August 1 deadline [1][6][11]. Group 1: Economic Impact - The proposed tariffs could lead to shortages or price increases for imported goods in the U.S., particularly affecting products like wine, cheese, and pasta, primarily sourced from France [6]. - The French food industry is expected to suffer a "disastrous" impact from the 30% tariff, as stated by the president of the French National Food Industry Association [6]. - The German Industrial Association has expressed that the tariff escalation threatens global employment and investment, with German companies already incurring billions in additional costs [11]. Group 2: EU Response and Strategy - The EU is preparing to negotiate with the U.S. while also being ready to defend its interests through potential countermeasures [15][19]. - There is a lack of consensus among major EU economies like France, Germany, and Italy regarding the approach to the U.S. tariffs, with some advocating for strong responses while others prefer negotiation [12][13]. - The EU has delayed the implementation of retaliatory tariffs worth €21 billion until August 1 to allow for negotiation time, while also preparing a second list of tariffs on U.S. products valued at €72 billion [22][25]. Group 3: Trade Relations and Future Outlook - The EU's trade relations with the U.S. are at a crossroads, with increasing pressure to adopt a more assertive stance against U.S. tariffs [19][21]. - The EU is considering a range of products for potential tariffs, including aircraft, machinery, and automotive parts, to ensure a balanced competitive environment [25]. - The ongoing geopolitical uncertainties and rising protectionism necessitate that the EU accelerates bilateral trade negotiations with other partners [18].

Core Viewpoint - The CEO of Embraer has indicated that proposed tariffs by the U.S. could have a detrimental impact on the company, comparable to the effects of the COVID-19 pandemic [1][2]. Group 1: Impact of Tariffs - Approximately 75% of Embraer's business jets and nearly 50% of its regional airliners are delivered to U.S. clients, making the U.S. market crucial for the company [2]. - The CEO estimates that if the proposed 50% tariff is implemented, it could lead to a revenue decline similar to that experienced during the pandemic [2]. - Shipping Embraer's E175 jets would become "unfeasible" under the proposed tariffs, affecting regional aviation significantly [3]. Group 2: Broader Industry Implications - The CEO described the situation as a "lose-lose" for both Embraer and the U.S., as the U.S. also supplies essential parts like engines and avionics [4][3]. - The aviation industry has already faced challenges due to tariffs, impacting major players like Boeing and Airbus [5]. - The complex global supply chains in the aviation industry make it difficult for companies to absorb such tariffs without significant repercussions [11].

Core Viewpoint - Following the investigation of an Indian airline crash that mentioned Boeing's fuel switch, multiple airlines worldwide are conducting urgent inspections of various Boeing aircraft models' fuel switches [1] Group 1 - The investigation revealed that the U.S. Federal Aviation Administration (FAA) had issued a non-mandatory recommendation in 2018 for operators of Boeing 787 and other models to check the locking function of fuel switches to prevent accidental position changes [1]

多国航企紧急检测波音飞机燃油开关锁 智通财经7月16日电，继印度航空公司坠机事故调查提及波音客机燃油开关后，多国航空公司纷纷对旗 下多个型号的波音客机燃油开关加强检测。印度民航总局已于14日指示该国所有航空公司在21日前对其 运营的波音787、737等型号飞机燃油开关及其锁定系统进行紧急检查。 ...