Boeing's stock rises after American Airlines shows confidence in 737 Max jets

Shares of Boeing Co. turned higher Monday after American Airlines Group Inc. included the aerospace giant’s troubled 737 Max line in its orders for 260 new aircraft, which aims at boosting premium seating by 20%.American said its orders include 85 Boeing 737 Max 10s, 85 Airbus A321neo and 90 Embraer E175 aircraft, with options and rights to buy an additional 193 aircraft.As part of the Boeing orders, American said it “upgauged” 30 existing 737 Max 8 orders to 737 Max 10 aircraft. Boeing’s stock BA, +0.39% g ...