Thursday, 5 January 2017

Stock Market Today:Boeing wins $12.7 bil in 737 MAX orders, still short of goal



Boeing Co said on Wednesday it had booked firm orders for 80 of its 737 MAX 8 aircraft, valued at US$8.8 billion ($12.7 billion) at list prices, upping its 2016 tally but leaving it short of its goal.

The orders mean the world's biggest plane maker clinched at least 536 net jetliner sales last year compared with its target of selling as many commercial jets as it delivers, a total it puts between 745 and 750. Through November, Boeing had delivered 681 planes.

Boeing's order tally could climb again on Friday, as the company posts its final update for 2016.

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