Report: China Eastern to buy 20 Boeing 777s

China Eastern Airlines is close to placing a $6 billion order for 20 Boeing Co. 777 jets, reports Reuters.

The carrier has stalled a deal with Airbus for A330s, unnamed sources told Reuters.

China Eastern had started the talks with Airbus after canceling an order for 787s from Boeing back in October. The airline said then it was canceling the order due to delivery delays on the Dreamliner, which was more than three years late. But China Eastern swapped those orders for Boeing 737s and planned to buy 15 A330s from Airbus.

The 777, which is assembled in Everett, has been a hot-selling jet for Boeing in recent years. Boeing logged 200 orders for the 777 last year – the most Boeing has received for the 777 since launching it in the 1990s. Boeing delivered the 1,000th 777 in March.

Boeing is considering options for upgrading the popular 777. The company likely will make a case for going ahead with the revamped jet, dubbed the 777X, by the end of 2012.

Both Emirates and British Airways are pushing Boeing to have the 777X available before the end of the decade, Bloomberg reported yesterday.

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.

Don’t rely just on productivity measurements to value a worker

The controversies swirling around the productivity data at the national level are… Continue reading

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.

SEC reveals hack, possibility info was used for trading

The regulatory agency said the hack was discovered last year.

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.

Most Read