AWAS, a Dublin-based airplane leasing company, has ordered 31 single-aisle 737-800 jets, the Boeing Co. said Friday. Terms of the deal were not disclosed. Boeing said the order was worth $2.3 billion at list prices, but airlines typically negotiate discounts. AWAS, which owns and manages 315 airplanes, hopes to buy more of the Next Generation 737s as it continues to grow, said Franklin Pray, its president and chief executive. The deal brings Boeing’s order tally for 2007 to 1,177.
Gregoire appoints aerospace adviser
Gov. Chris Gregoire has appointed Bruce Beckett senior adviser for business outreach. He will advise her on statewide business issues, including aerospace. The governor said her appointment steps into the role after there was a call for a senior adviser at the first-ever Governor’s Aerospace Summit last month.
CellCyte moves into Bothell facility
CellCyte Genetics Corp. has moved from its former facilities in Kirkland and combined all of its corporate, research and manufacturing operations into a new headquarters in Bothell. The company originally announced its lease of the 26,500-square-foot facility in the Canyon Park area last spring. The space has been completely renovated since then.
Consumer inflation led by fuel prices
Led by higher gasoline prices, consumer inflation shot up in November by the largest amount in more than two years. A Labor Department report Friday showed that its closely watched Consumer Price Index rose by 0.8 percent last month, the biggest increase since September 2005. Core inflation, which excludes energy and food, was up by 0.3 percent.
Google concept takes on Wikipedia
Google Inc. is working on a new Internet encyclopedia that will consist of material submitted by people who want to be identified as experts and possibly profit from their knowledge. The concept poses a potential challenge to the nonprofit Wikipedia, which has drawn upon the collective wisdom of unpaid, anonymous contributors to emerge as a widely used tool.
Fannie Mae foresees a long housing slump
Fannie Mae’s CEO told shareholders Friday he does not expect a housing market recovery until late 2009 “at the earliest.” After posting a third-quarter loss of $1.4 billion, the largest U.S. buyer and guarantor of home mortgages has plans to sell $7 billion in preferred stock to keep its cushion against risk within regulatory requirements.
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