Read More: META Launches Instagram Plus As A New Subscription Service \u2014 Stock Gains<\/a>\u00a0<\/p>\n For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n
Qantas is evaluating a potential purchase of roughly 20 long-haul aircraft and has opened discussions with both Airbus and Boeing.<\/p>\n
Singapore Airlines is in early talks to buy at least 50 large passenger jets, including Boeing’s 777X and Airbus’ A350-1000.Australia\u2019s Qantas is weighing an order for roughly 20 Airbus A350 or Boeing 787 wide-body aircraft.Boeing and Airbus have declined to comment on the active, multi-billion-dollar negotiations.<\/p>\n
Boeing shares gained about 4% on Thursday after a media report said two of the Asia-Pacific region’s largest carriers, Singapore Airlines and Qantas Airways, are in separate talks with Boeing and Airbus to purchase dozens of wide-body aircraft.<\/p>\n
Singapore Airlines Looks To Buy 50 Jets from Boeing And Airbus<\/p>\n
Singapore Airlines is in early-stage discussions with Boeing and its European planemaker rival Airbus to acquire a minimum of 50 of the commercial aviation industry’s largest passenger jets, Reuters reported, citing industry sources. The multi-billion-dollar acquisition is aimed at anchoring the airline\u2019s next major growth phase, which is slated to begin in the next decade.<\/p>\n
The Singaporean flag carrier is currently evaluating the 400-seat Boeing 777X\u2014the largest twin-engine jetliner currently available\u2014alongside the slightly smaller Airbus A350-1000. According to sources cited by Reuters, the framework of the potential agreement could also include purchase options for dozens of additional aircraft beyond the initial 50.<\/p>\n
The move highlights Singapore Airlines’ commitment to aggressive capacity expansion, moving counter to several industry competitors who have scaled back operations amid fluctuating fuel costs and broader economic uncertainties.<\/p>\n
Australia\u2019s Qantas Is Also Looking To Buy From Boeing And Airbus<\/p>\n
Concurrently, Australia’s Qantas Airways is evaluating a separate order for roughly 20 wide-body aircraft to support its ongoing fleet renewal strategy, according to Reuters sources.<\/p>\n
The confidential negotiations focus on acquiring more Boeing 787 Dreamliners or the primary variant of the Airbus A350. The potential purchase would augment Qantas’ existing long-haul modernization strategy, which previously established firm orders and purchase rights for 24 wide-body jets to systematically phase out its older Airbus A330 and A380 fleets starting in fiscal year 2027.<\/p>\n
When approached for comment on the separate discussions, representatives for both Airbus and Boeing declined to comment to Reuters.<\/p>\n
A spokesperson for Qantas told Reuters that the airline remains in regular communication with aircraft manufacturers as a routine part of its fleet management strategy, noting that it currently has no official updates or orders to announce. Singapore Airlines did not immediately respond to requests for comment.<\/p>\n
BA Retail View\u00a0<\/p>\n
Retail sentiment on Stocktwits was \u201cbearish\u201d with \u201cnormal\u201d message volumes.\u00a0<\/p>\n
Retail chatter on BA jumped 45% over the past week and over 300% in the last 30 days on Stocktwits.\u00a0<\/p>\n
One user noted that BA fundamentals were improving, though it remains a weak stock.\u00a0<\/p>\n
BA stock<\/a> has gained 1.3% year-to-date. The iShares Dow Jones US Aerospace & Defense ETF gained 3% on Thursday.<\/p>\n Read More: META Launches Instagram Plus As A New Subscription Service \u2014 Stock Gains<\/a>\u00a0<\/p>\n For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n
![\"Follow](\"https:\/\/chunks-prd.stocktwits-cdn.com\/_next\/static\/media\/google-news-icon.d9c2bfd1.svg\"\/){kind=icon}
<\/a><\/p>\n