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posted: 11/5/2012 7:31 AM

Boeing inks deal to sell 20 planes to Kuwaiti firm

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  • Boeing Co. and Kuwaiti airplane leasing company ALAFCO are saying they finalized an order for 20 Boeing 737 MAX 8s valued at $2.0 billion at their current list price

      Boeing Co. and Kuwaiti airplane leasing company ALAFCO are saying they finalized an order for 20 Boeing 737 MAX 8s valued at $2.0 billion at their current list price

 
Associated Press

NEW YORK -- Boeing Co. and Kuwaiti airplane leasing company ALAFCO are saying they finalized an order for 20 Boeing 737 MAX 8s valued at $2.0 billion at their current list price

ALAFCO buys planes and then leases them to airlines. The deal was first announced in July at Britain's Farnborough Airshow

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The order brings the total number of 737 MAX orders to date to 878 for Chicago-based Boeing.

The companies did not say when the planes are expected to be delivered.

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