02:20 PM EDT, 08/15/2024 (MT Newswires) -- Boeing ( BA ) shares rose over 3% in recent trading Thursday after United Airlines' (UAL) chief executive showed rekindled confidence in the planemaker's newly appointed chief.

United's Scott Kirby has been critical of Boeing ( BA ) in recent history, especially after a series of delays. It was a pivot in his stance when he said he has "confidence that Boeing ( BA ) is on the right path and will recover faster than most expect" after meeting Kelly Ortberg earlier this week, according to a LinkedIn post.

Ortberg took the reins at Boeing ( BA ) earlier in August, succeeding Dave Calhoun. The appointment came at a time when Boeing ( BA ) is under increased scrutiny over safety standards.

Price: 174.27, Change: +5.77, Percent Change: +3.42