Boeing's stock would add nearly 50 points to the Dow after announcement of converted freighter orders

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Shares of Boeing Co. BA, +0.72% rallied 3.3% to pace the Dow Jones Industrial Average’s DJIA, +0.50% premarket gainers on Monday, after the aerospace giant reported a number of orders for its planes from the 2021 Dubai Airshow. The company said it signed a firm order with Icelease for 11 of its 737-800 Boeing Converted Freighters (BCF), as the launch customer for one of the three added conversions lines for the freighters. The company also said logistics company DHL Express has placed a firm order for nine more 767-300BCF and Emirates announced an order for two 777 Freighters. Boeing’s implied price gain ahead of the open would add about 48 points to the Dow Jones Industrial Average’s DJIA, +0.50% price, while Dow futures YM00, +0.33% rose 109 points, or 0.3%.