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Latest Business News

Boeing Launches New Longer-Range 737

Monday, July 18, 2005 6:06:00 PM

SEATTLE (AP) - The Boeing Co. launched a new version of its narrow-body 737 jet on Monday, as it completed a 30-plane sales agreement with Lion Air, a low-cost Indonesian carrier.

The 737-900ER, formerly known as the 737-900X, is designed to carry more passengers and fly farther than existing models of the single-aisle plane.

Chicago-based Boeing said Lion Air's order, which included purchase rights for another 30 planes, was worth $3.9 billion at list prices, though airlines typically negotiate substantial discounts.


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