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Boeing gets $8.25 bln order for 737 MAX 8 planes from GE leasing | Reuters

Boeing Co said on Wednesday it had received an order for 75 of its 737 MAX 8 aircraft, valued at $8.25 billion at list prices, from General Electric Co's commercial aircraft leasing and financing arm.The deal increases firm orders from GE Capital Aviation Services for the latest generation of Boeing's best-selling 737 aircraft to 170, Boeing said. (bit.ly/2j9PoRi)Boeing has received 3,419 orders for the 737 MAX so far. The first 737 MAX is expected to be delivered in first half of 2017.

Boeing's shares were up about 1 percent at $158.49 in early afternoon trading. Up to Tuesday's close, the stock had risen 11.7 percent in the past 12 months, compared with a 12.2 percent rise in the S&P 500 index.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Ted Kerr)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jan 05, 2017 01:15 AM

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