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Boeing gets $7.2 billion air lease order
Published in The Saudi Gazette on 10 - 07 - 2012


FARNBOROUGH, England – Boeing Co. Monday said it had an order from Air Lease Corp. for 75 737 Max aircraft with a list value of $7.2 billion, the first major deal at the start of Europe's big air show.Boeing is expected to win orders from at least two leasing companies that should help the US plane maker consolidate its lead in orders over rival Airbus this year.Boeing is also prepared to assemble the larger version of its 787 Dreamliner, which is being showcased at the Farnborough International Air Show this week, at the second production facility it has set up in South Carolina, a senior industry executive said Monday.Air Lease Corp.'s Chief Executive Steve Udvar-Hazy said Boeing told him the 787-9 version of the Dreamliner that the aircraft leasing company has ordered could be made at the North Charleston factory that has just started producing the smaller 787-8 version. Producing the 787-9 in South Carolina as well as its main factory near Seattle would give Boeing more flexibility as it looks to boost production to its target of 10 planes a month by the end of next year from its current level of 3.5. – Agencies

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