Boeing deliveries rise in March, shares up

Shares of Boeing BA.N rise 4.3% to $144.79 amid a broader market recovery

Planemaker's deliveries jump 41% over a year earlier to 41 jets in March

Company booked 163 net orders in March, including 88 for 737 MAX

Its European rival Airbus AIR.PA delivered 71 airplanes in March

BA holds a trailing 12-month P/E ratio of -9 vs an industry median of 14.13 - data compiled by LSEG

YTD, stock down 17.7% vs 5.4% fall in S&P 500 Aerospace and Defense index .SPLRCAED