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20.06.2019

Boeing continues talks for sales after a deal with IAG

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Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a 'humbling' 200-plane letter of intent from British Airways owner IAG at the Paris Airshow.

Boeing is expected to try to capitalize quickly on the move

Stocks impacted: Boeing (BA)

Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a 'humbling' 200-plane letter of intent from British Airways owner IAG at the Paris Airshow. As a reminder, International Airlines Group, the parent company of British Airways and Iberia, announces its intention to acquire 200 Boeing 737 MAX jets. The deal is valued at more than $24 billion at list prices. The order would include both 737-8 and 737-10 versions of the MAX. The aircraft should be delivered between 2023 and 2027 and would be powered by CFM Leap engines. Boeing is expected to try to capitalize quickly on the move and seek further support for the Max as it offers airlines other big packages at attractive prices.

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