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Boeing, GE Cement Order For 85 737s Worth $6B

Wed, 10/03/2012 - 2:17pm
The Associated Press

NEW YORK (AP) — Boeing Co. and the commercial aircraft leasing and financing arm of General Electric Co. have agreed on a firm order for 85 737s. The planes are worth $6 billion at list prices, although discounts for major customers are common.

The order includes 75 737 MAX 8s and 10 Next-Generation 737-800s. First announced at the Farnborough Airshow in July, the order allows for the purchase of up to 15 extra 737-800s.

With this order, GE Capital Aviation Services has ordered 580 airplanes directly from Boeing since 1995.

GE Capital Aviation Services has a fleet of over 1,710 aircraft that it leases to airlines around the world.

On Monday, Chicago-based Boeing said Brazilian airline GOL bought 60 of the 737 MAX, a more efficient version of the 737 that is due out in 2015.

GE is based in Fairfield, Conn.

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