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BA Boeing Co

176.29
-2.06 (-1.16%)
Last Updated: 15:08:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Boeing Co NYSE:BA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.06 -1.16% 176.29 177.58 176.13 177.21 1,107,557 15:08:59

BOC Aviation Unit to Buy 13 Boeing Aircraft

21/03/2017 11:02am

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Boeing (NYSE:BA)
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   By Chester Yung 
 

HONG KONG--BOC Aviation Ltd. (2588.HK) said Tuesday its unit has agreed to buy 13 Boeing 737 MAX8 aircraft from Boeing Co. (BA), saying the deal is in line with the firm's growth strategy including investment in modern aircraft.

The aircraft operating-leasing company said the current list price of the aircraft totaled US$1.43 billion. But it added there is a significant difference between the list price and the actual purchase price of the aircraft. The acquisition will be funded by cash on hand, the proceeds of loans or other borrowings by the company, it said.

 

Write to Chester Yung at chester.yung@wsj.com

 

(END) Dow Jones Newswires

March 21, 2017 06:47 ET (10:47 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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