What happened Shares of Boeing (NYSE: BA) stock are up a strong 6.5% at 1:30 p.m. EDT Thursday -- and there could be a couple of reasons for that. Reason No. 1: As Barron's pointed out this morning, the long-awaited rebound in air travel appears to be happening a bit sooner than expected, with American Airlines (NASDAQ: AAL) reporting that the number of passengers aboard flights in May grew 71% sequentially off of April, and that the airline is hoping to regrow its grounded capacity to about 55% of what it could fly domestically by July. International flights should be back to 20% of normal as well, by July. Image source: Amazon.com. So what That's the headline that's probably getting the most attention today. After all, the more airlines fly, the more they'll need to service their airplanes, which is good news for Boeing's $18.5 billion Global Services business (24% of total revenue, according to data from S&P Global Market Intelligence). The more flights they fly, too, and the faster they resume flying them, the sooner airlines will need to buy replacement and expansion airplanes from Boeing. Now what But there's another reason to be optimistic about Boeing right now. Yesterday, Amazon.com (NASDAQ: AMZN) announced that in order to support all the new business it's been getting since coronavirus arrived on the scene, it will need to lease 12 additional Boeing 767-300 freighter aircraft from Air Transport Services Group (NASDAQ: ATSG). And Amazon is also opening three new air hubs to support its growing fleet. That's good news for Amazon's business, which is booming -- and it should be good news for Boeing, which builds the airplanes that are helping Amazon grow. 10 stocks we like better than BoeingWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Boeing wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2020 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Rich Smith has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. The Motley Fool has a disclosure policy.Source