Boeing Co. (NYSE:BA) shares are trading lower during Monday’s premarket session as the stock moves against a mildly positive tape, down 0.16%, with traders leaning into selective risk-on positioning that’s favoring growth over industrial cyclicals. Nasdaq futures are up 0.31% while S&P 500 futures have gained 0.11%.

EgyptAir Adds First Boeing 737 MAX

SIn a separate development, Boeing and EgyptAir said the carrier has taken delivery of its first 737 MAX, marking the introduction of the 737-8 to Egypt. The aircraft is the first of 18 jets leased from SMBC Aviation Capital as part of a broader fleet renewal plan.

The 737-8 reduces fuel use and emissions by 20% versus older models and will serve short- and medium-haul routes including Paris, Brussels, Istanbul and Vienna.

Fresh 737 MAX Orders

Boeing last week announced multiple order wins. ...