Deutsche says delivery flight of 787 would be meaningful catalyst for Boeing

Deutsche Bank says that based on the firm’s review of public flight tracking data, a Boeing 787-9 pre-delivery flight appears to be underway for China-based Juneyao Airlines. It is possible that this may be a customer acceptance flight, with a delivery flight potentially occurring later this month. If a delivery flight to this China-based carrier does in fact occur, this would be a meaningful positive catalyst for Boeing shares as it would signal a reopening of this high value growth market for Boeing, Deutsche says. The firm has a Buy rating on the shares with a price target of $270.