suntimes
ALOOF 
Weather Updates

Boeing in deal to sell 20 737s

Boeing Co. said it has signed an agreement to sell 20 of its 737-800s to Aerolineas Argentinas.

The order would be worth $1.8 billion at list prices, although discounts are common. The Argentinian airline already has 26 similar planes.

The agreement was announced Monday. A firm order has not yet been signed.

Boeing is getting ready to pivot from the current version of the 737, like the ones it is selling to Aerolineas Argentinas, to a new version called the 737 Max, which will have a new engine and other tweaks.

Boeing shares rose $1.11 to $122.53 in morning trading. Boeing shares are up more than 57 percent so far this year.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.