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Boeing nears 737 MAX order from Southwest worth billions -sources - Vimarsana News

Boeing nears 737 MAX order from Southwest worth billions -sources

Article content The potential Southwest deal comes after Alaska Airlines agreed in December to buy 23 737 MAX 9 jets following a lifeline order from European budget airline Ryanair for 75 of the narrowbodies. Southwest Chief Executive Gary Kelly said in November that the company wanted to make a decision soon about refreshing its aging 737-700 jets with 143 seats and was debating between the Boeing 737 MAX-7, which has yet to be certified, or the A220, which would mean a shift away from its all-Boeing fleet for the first time. Speaking at an Aero Club of Washington virtual luncheon on Wednesd...

Exclusive: Boeing nears 737 MAX order from Southwest worth billions - sources - Vimarsana News

Exclusive: Boeing nears 737 MAX order from Southwest worth billions - sources

The proposed deal follows speculation of a faceoff between the smallest member of Boeing’s MAX family and the A220 from Airbus. Each 737 MAX 7 carries a list price of roughly $100 million, though such jets usually sell for less than half their official value with typical market discounts, according to aircraft industry sources. The exact terms of any deal and the timing of a possible announcement were not clear. Boeing shares gained 6.4% to close at $245.34 on Wednesday. Southwest shares dipped 0.7% to close at $58.51. The potential Southwest deal comes after Alaska Airlines agreed in Dec...

Source: metro.us
Exclusive: Boeing close to deal with Southwest for 737 MAX order - sources - Vimarsana News

Exclusive: Boeing close to deal with Southwest for 737 MAX order - sources

Boeing Co is close to a multibillion-dollar deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, in potentially the company's largest 737 MAX order since the aircraft's safety ban was lifted, people familiar with the matter said on Wednesday.

Exclusive: Boeing close to major order for dozens of 737 MAX jets - sources - Vimarsana News

Exclusive: Boeing close to major order for dozens of 737 MAX jets - sources

Boeing Co is close to a multibillion-dollar deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, in potentially the company's largest 737 MAX order since the aircraft's safety ban was lifted, people familiar with the matter said on Wednesday.

Boeing looking for new $4 billion revolving credit facility - source - Vimarsana News

Boeing looking for new $4 billion revolving credit facility - source

Boeing Co has approached a group of banks for a new $4 billion revolving credit facility, according to a person familiar with the matter, as the planemaker battles a prolonged slowdown in commercial air travel due to the COVID-19 pandemic.