Boeing (BA) shares surged 5.01% in Wednesday's trading session, outperforming the broader market as investors cheered a series of positive developments for the aerospace giant. The stock's strong performance contributed significantly to the Dow Jones Industrial Average's gains.

The rally was primarily driven by Boeing's impressive June delivery numbers, with the company reporting 60 airplane deliveries for the month, marking a 27% increase from the previous year. This robust performance caught the attention of analysts, with Susquehanna raising its price target for Boeing to $252 from $240, maintaining a positive rating on the stock.

Adding to the optimistic sentiment, Thai Airways International is reportedly considering exercising an option to purchase 35 more Boeing 787 aircraft as part of Thailand's trade negotiations with the United States. This potential order could provide a significant boost to Boeing's order book and future revenue prospects.

Investors also seemed to brush off concerns related to the ongoing investigation of the Air India flight 171 crash. Reports suggest that a preliminary report on the incident could be released soon, with initial investigations focusing on engine fuel switches rather than design issues.

The combination of strong delivery numbers, positive analyst sentiment, and potential new orders has reinforced investor confidence in Boeing's recovery and growth prospects, driving the stock to new highs despite ongoing challenges in the aviation industry.