Market Commentary and Intraday News
Boeing firms up Avolon order for 25 of its 737s
240 days ago
(AP:CHICAGO) Boeing Co. said on Thursday that airplane leasing company Avolon has finalized an order for 25 of the aircraft maker's 737s.
The preliminary order was announced in July at the Farnborough Airshow. At the time it was valued at $2.3 billion, at list prices, although discounts are common.
Boeing said the order includes 15 of its new 737 Maxes, which are a revamped version of its workhorse plane that it aims to begin delivering to customers in 2017.
It also sold 10 of its 737-800s, which are among the models it is building now.
Boeing said the Avolon order means it has sold 664 Maxes to seven customers.
Shares of Chicago-based Boeing fell 63 cents to $69.27 in midday trading.
Avolon, based in Ireland, leases 164 planes to 34 customers in 22 countries.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.