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Old 01-17-2019 | 09:43 AM
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https://www.investors.com/news/dow-j...order-737-777/

Boeing Just Scored This Multibillion-Dollar Deal With United Airlines
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MICHAEL LARKIN 1/16/2019
Dow Jones stock Boeing (BA) has inked a deal to supply United Airlines (UAL) with 24 737 Max aircraft and four 777-300ER jetliners. Boeing stock edged up.




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The agreement is worth up to $4 billion at list price, depending on the variant of 737 Max the airline is taking. The deal was disclosed as management discussed Q4 earnings, which easily topped Wall Street forecasts late Tuesday.


United said it placed the order last month. Boeing racked up 893 net orders for commercial jets, with a total value of $143.7 billion, in 2018, helped by a year-end surge of 203 orders in December. That topped the 747 net orders for archrival Airbus (EADSY).

The new agreement is just the latest deal between the two companies. As of Sept. 30, United had firm orders for 154 Max aircraft, mostly for the largest, the Max 10 model.

The Dow Jones stock closed down less than 0.1% at 352.06 on the stock market today. United Airlines jumped 6.35% and Airbus rose 0.1%.
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