Boeing Co. said on Thursday it received an order valued at $2.2 billion for up to nine 787 Dreamliners from El Al Israel Airlines. El Al will also lease six other 787 aircraft from independent leasing companies. “Boeing is proud of our long-standing relationship dating back to the delivery of the airline’s first 707 in 1961 and we are pleased to now count EL AL as the newest 787 customer,” said Boeing Commercial Airplanes Chief Executive Ray Conner. The stock, which was still inactive in premarket trade, has run up 14% year to date, while the Dow Jones Industrial Average has slipped 0.2%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News