Podcasts & RSS Feeds
Most Active Stories
- Central Wash. Home To Nation's Biggest Bitcoin Mine, More Coming
- Grieving Widow Helps Spearhead First-Of-Its-Kind State Law On Suicide Prevention
- Everything You Need To Know About Woodland Park Zoo's Precious Doo
- Seattle-Area Skygazers May See Glimpse Of 'Blood Moon' — If They're Persistent
- TurboTax Offers Taxpayers Option Of Getting Refund In Amazon Gift Card
News & Music Contributors
Mon January 30, 2012
Boeing makes its largest-ever European sale
Originally published on Fri January 27, 2012 2:49 pm
The Boeing Company ended 2011 having sold about half as many airplanes as its France-based rival, Airbus. Now, less than a month into the new year, Boeing has inked its largest deal ever with a European airline. The aerospace giant is on track to overtake Airbus for the first time in years.
Oslo-based Norwegian Air Shuttle is the first European carrier to buy Boeing's revamped 737 MAX — 100 of them. The deal is seen as another industry vote of confidence in the updated version of Boeing's workhorse model.
The 737 MAX's new energy-efficient engines are proving popular with airlines struggling with rising fuel costs. Airbus got a jump on Boeing last year by introducing its own energy-efficient narrow-body jetliner before Boeing decided to get into that market.
But analysts say Boeing is well-positioned to regain that ground with the 737 MAX. Company officials hope to book 1,500 orders for the new plane this year.
As part of a recent labor contract, Boeing has pledged to build the 7-37 MAX in the Puget Sound area.
On the Web:
Boeing 737 MAX:
Copyright 2012 KPLU