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Azerbaijan airline, Boeing sign deal


Published :
Tue, 06 Feb 2007 15:23
By : Agencies
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BAKU, Azerbaijan (AFX) - Azerbaijan's state airline signed a deal on Tuesday with Boeing Co. worth US$401 million (euro310 million), the company said.

Under the deal AZAL will buy two Boeing 737-900s and three Boeing-787s for delivery in 2010 and 2008 respectively, AZAL spokesman Maharram Safarli said.

Ahead of the signing Scott Carson, the chief executive officer of Boeing's commercial jet-building division, held talks Monday with the Azerbaijani president at which Ilham Aliev stressed Azerbaijan's need for new aircraft as a means to realize its full economic potential, the state news agency Azertec reported.

A booming oil and gas industry have made this former Soviet Caspian Sea nation's economy one of the fastest-growing in the world. Currently Azerbaijan owns 5 Boeing aircraft.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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