ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Mexican Airline Aeromexico Orders $11 Billion in Boeing Planes

--Order consists of 90 737 Max aircraft and 10 787-9 Dreamliners --Boeing order on top of acquisitions disclosed in 2011 --Aeromexico has benefited from bankruptcy of main domestic rival By Amy Guthrie MEXICO CITY--Mexico's biggest airline operator, Grupo Aeromexico SAB (AEROMEX.MX), said Wednesday it has signed a letter of intent to acquire 100 new planes from Boeing Co. (BA) in a deal valued at $11 billion. The order consists of 90 Boeing 737 Max aircraft and 10 Boeing 787-9 Dreamliners in what Aeromexico said represents the biggest fleet investment in the history of Mexican aviation. Aeromexico also said it will be the first airline in Latin America to operate the equipment. The airline expects the 787-9 Dreamliners to arrive in the summer of 2013, while the 737 Max planes should begin to arrive in 2018. The order is in addition to nine Dreamliners that Aeromexico had already anticipated purchasing and in addition to the acquisition of 10 Boeing 737-8 NGs and 10 Embraer SA (ERJ) 190s disclosed in 2011. The planes are expected to enable Aeromexico to fly greater distances, while also reducing its maintenance costs. "This equipment represents a jump in Aeromexico's fleet technology, and will give us one of the youngest and most efficient fleets in the world, significantly reducing the impact on the environment in addition to consolidating the group's fleet into just two types of cabins," Aeromexico Chief Executive Andres Conesa said. Aeromexico has benefited significantly from increased passenger traffic since the 2010 bankruptcy of its chief domestic rival, flagship Mexican airline Mexicana. Last year, Aeromexico transported 14 million passengers. The company operates about 600 routes to 45 domestic and 32 international destinations. Atlanta-based Delta Air Lines Inc. (DAL) owns 3.5% of Aeromexico, and the two airlines are members of the SkyTeam global marketing alliance. Write to Amy Guthrie at amy.guthrie@dowjones.com. Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Boeing (BA)
DateTimeHeadline
09/18/201400:20:31Boeing Sees Rising Demand for Pilots, Technicians in Asia Pacific
09/16/201409:44:34U.S. Hot Stocks: Hot Stocks to Watch
09/11/201412:05:13ThalesAleniaSpace Replacing U.S. Components on Russia-Bound Satellite
09/09/201421:30:18MH17 Broke Apart Midair
09/09/201410:26:48Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201407:08:12Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201405:30:06MH17 Hit by High Energy Objects, Says Dutch Report
09/09/201405:25:16Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201405:05:11Malaysia Airlines Flight 17 Hit by High Energy Objects, Says...
09/09/201402:09:40MARKET SNAPSHOT: U.S. Stocks End Mostly Lower; Yahoo Rallies
09/09/201402:03:09MARKET SNAPSHOT: U.S. Stocks Fall; S&P 500 Dips Below 2,000
09/09/201401:51:34Ryanair to Buy up to 200 Jets from Boeing
09/09/201401:49:28MARKET SNAPSHOT: U.S. Stocks Open Lower; Deals In Focus
09/05/201413:10:09Bombardier to Resume New Jet Test Flights
08/26/201418:58:27Durable Goods Orders Surge 22.6% in July -- Update
08/26/201418:54:44MARKET SNAPSHOT: S&P 500 Ends Higher For First-ever Close Above...
08/26/201418:51:25MARKET SNAPSHOT: S&P 500 Gains, On Pace For First-ever Close...
08/26/201411:04:16MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Makes Another Run...
08/26/201409:11:49MARKET SNAPSHOT: U.S. Stocks: Futures Up But Trim Gains After...
08/26/201407:48:20MARKET SNAPSHOT: U.S. Stocks: Futures Rise Ahead Of Durables...

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad