Shares of Boeing Co. jumped Monday before markets opened on the first trading day after the plane maker booked $100 billion in orders at the opening of the Dubai Airshow.
The Chicago company took 342 orders that represented more than twice the value of those seen by European rival Airbus, which said it took 142 orders worth some $40 billion.
Boeing's list included an order for 150 of the planned Boeing 777x at a combined price tag of $55.6 billion from the Dubai-based Emirates airline. The aircraft is a larger and more fuel-efficient model of the company's popular 777 wide-body.
The Dubai Airshow is seen as an increasingly important barometer on the state of the aviation industry and the rising roles of the big-spending Gulf carriers Etihad, Qatar Airways, Emirates and Flydubai as they compete for routes and critical stopover traffic between Asia and Europe and the Americas.
The total value of Boeing's orders was almost double the expectation of Sterne Agee analyst Peter Arment.
"We continue to see significant upside for (Boeing's) stock through 2014," the analyst said in a Monday morning research note.
Shares of Boeing climbed about 3 percent, or $4.27, to $140.35 in premarket trading.
That would represent a new, all-time high price in regular trading, topping the mark of $136.57 set Friday, according to FactSet. The company's stock has set several new market highs this fall.