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Boeing takes order for 20 737s


Published :
Mon, 10 Dec 2007 21:15
By : Agencies
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SEATTLE (AP) - Boeing Co. said Monday it received an order for 20 of its popular 737 planes from Babcock & Brown Aircraft Management, an aircraft leasing group, and its partner Nomura Babcock & Brown.

Boeing said the order is worth $1.5 billion at list prices, but buyers typically negotiate significant discounts. The order was previously credited to an unidentified customer on Boeing's Web site.

Babcock & Brown, based in Australia, said the order brings its 737 fleet to more than 125 planes.

Shares of Boeing dipped 43 cents to $92.73 in early afternoon trading.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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