China Air Agrees to Purchase 60 737 Aircraft from Boeing Co (BA)

Before Monday’s opening bell, aerospace company Boeing Co (BA) announced that it has received a $6 billion order for 60 of its 737 aircraft. 

This order includes Next-Generation 737 and 737 MAX airplanes. In total, the agreement is worth approximately $6 billion.

Ihssane Mounir, vice president of Boeing’s Sales and Marketing, Northeast Asia commented: “Our long-standing and productive partnership with Air China dates back to the airline’s beginning and we are proud the 737 has been part of their success. We are excited to see that the 737 family will play a significant role in Air China’s continued success.”

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As of Market Close on December 19, 2014

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Boeing shares were mostly flat during pre-market trading Monday. The stock is down 7.52%.