WealthPlan Investment Management LLC has increased its stake in The Boeing Company by 21.9%, acquiring 613 additional shares. This move brings the fund’s total Boeing holdings to 3,407 shares, valued at $714,000.
Penobscot Investment Management Company Inc. has expanded its stake in GE Aerospace by 5.4% during the second quarter. The firm now holds 8,323 shares, valued at $2,142,000, reflecting its continued commitment to the industrial giant’s performance.
Boeing is reportedly in talks to secure a landmark sale of up to 500 planes to China, with some estimates placing the potential value at $37 billion. The move could mark a dramatic turnaround for the U.S. aircraft manufacturer, which has faced challenges in maintaining its foothold in the critical Chinese market.
A recent study reviewed by the Upper Cumberland Regional Airport board indicates that commercial passenger air service in the region may soon become a reality.
