Boeing, GE cement order for 85 737s worth $6 billion

NEW YORK — Boeing Co. and the commercial aircraft leasing and financing arm of General Electric Co. have agreed on a firm order for 85 737s. The planes are worth $6 billion at list prices, although discounts for major customers are common.

The order includes 75 737 MAX 8s and 10 Next-Generation 737-800s. First announced at the Farnborough Airshow in July, the order allows for the purchase of up to 15 extra 737-800s.

With this order, GE Capital Aviation Services has ordered 580 airplanes directly from Boeing since 1995.

GE Capital Aviation Services has a fleet of over 1,710 aircraft that it leases to airlines around the world.

On Monday, Chicago-based Boeing said Brazilian airline GOL bought 60 of the 737 MAX, a more efficient version of the 737 that is due out in 2015.

GE is based in Fairfield, Conn.

More in Herald Business Journal

Voters are on the sidelines as the port fills a vacant seat

Troy McClelland resigned from the Port of Everett commission too late for an election before 2019.

In space capsules today, little room but big improvement

Boeing and SpaceX are relying on a tried-and-true design as they each develop new spacecraft.

First Boeing KC-46 delivery to Air Force slides into 2018

Certification milestones have been missed, and problems have emerged in flight test, a source says.

Newest must-try eatery: 85°C Bakery Cafe in Lynnwood

The popular bakery, part of a Taiwan-based chain, is already drawing out-the-door crowds.

Snohomish County tax liens

Tax liens are gathered from online public records filed with the Snohomish… Continue reading

Trudeau: Canada could stop dealing with Boeing over dispute

Boeing had petitioned the U.S. to investigate government subsidies of Bombardier’s CSeries aircraft.

Toys ‘R’ Us files for bankruptcy but keeps stores open

Retailers of all kinds are struggling. Toys ‘R’ Us is among at least 18 other bankruptcies this year.

Marysville-Arlington fiber-optic link planned by Comcast

The high-speed internet line, to be ready next year, is seen as a boost for business development.

‘Cheese that was grass 24 hours ago’ wins a farm accolades

Ferndale Farmstead specializes in authentic Italian cheeses — made with with American milk.

Most Read