Boeing Gets $4.1B Order From Singapore
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Aerospace giant Boeing Co. on Thursday said it finalized a $4.1 billion order from Singapore Airlines Ltd. for 18 of its 777-300 extended-range jetliners, following through on an initial agreement between the two companies in August.
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Boeing said that it had received orders for 1,413 commercial jets last year, setting a third consecutive annual record driven by demand from Asian and Middle Eastern airlines.
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Shares in The Boeing Co. hit a one-year high Wednesday on news that the aircraft builder has received an order to build 18 777-300 ER (extended range) airplanes for Singapore Airlines, with the airline also
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Late in August, Boeing&#39;s top sales execs flew to Singapore for a crucial sales pitch. They were close to persuading Singapore Airlines, one of the world&#39;s leading airlines, to buy the American company&#39;s new jet, the mid-sized 7E7.
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SINGAPORE Singapore Airlines, Asia&#39;s most profitable carrier, said Wednesday that it had chosen Boeing to supply as many as 31 new long-range jetliners, a deal that could be worth more than $7 billion.
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BIG aircraft orders from Singapore Airlines and Thai Airways International yesterday underscored the potential for growth in the Asia-Pacific aviation industry.
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(InfoWorld) - An online auction of tickets for the first commercial A380 flight is nearing an end, with one bidder spending S$153,000 (US$101,514) for a first-class seat on the Singapore AirlinesÂ flight. WhenÂ the A380 takes to the skies next month, it will become the largest airliner in commercial use. Built by Airbus Industries, the aircraft will hold around 555 passengers in a typical configuration. However, Singapore Airlines -- the first to use the aircraft -- opted for a configuration that holds fewer than 480 passengers. Singapore Airlines auctioned off tickets for the first A380 flightÂ on eBay's Singaporean Web site, with all proceeds going to charity. With 24 seats left to sell on Sept. 20, the airline had sold 638 tickets for both legs of the Oct. 25 round-trip flight from Singapore to Sydney and raised S$1.9 million (US$1.26 million). That money will be split among several charities: Singapore's Community Chest; the Sydney Children's Hospital, Randwick, and The Children's Hospital at Westmead; and MÃ©decins Sans FrontiÃ¨res. The S$153,000 bid for a Singapore Airlines Suites ticket was the most expensive ticket sold during the auction, while an economy-class seat on the return leg from Sydney to Singapore was the cheapest ticket sold at S$853. By comparison, a single, round-trip ticket from Singapore to Sydney is priced at S$900 on the airline's Web site. Some tickets were sold in blocks, including a group of three Singapore Airlines Suites tickets, two business-class seats, and an economy-class ticket sold to a Singaporean bidder for S$85,280. Singapore Airlines said the largest percentage of successful bidders came from Australia, representing 15 percent of the total. Singapore came next at 11 percent, followed by the U.K. (6 percent), U.S. (4 percent), and Germany (3 percent). The youngest successful bidder was a San Francisco man who will turn 22 on the day of the flight, Singapore Airlines said. The oldest successful bidder was a 76-year-old man from Vancouver, it said. The airline said 2,000 bidders registered for the auction and paid a security deposit that qualified them to bid. Â
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Boeing Co  said on Monday it  would buy up to $7 billion of its own stock, one of the  plane-maker's largest repurchase plans on record, but kept its  cash dividend unchanged.
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Singapore Airlines Ltd. (SIAL.SI) plans to buy up to 31 Boeing Co. (BA.N) long-range 777-300ER planes worth about &#36;7.35 billion, the carrier said on Wednesday.
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Boeing Co  is facing growing anger from its biggest customers for delays in its new 787 Dreamliner, but still unveiled more than $6 billion in orders for other planes at the Singapore Airshow on Tuesday.
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US delivery firm UPS unveils a multi-billion dollar order to buy 27 freight aircraft from aerospace giant Boeing.
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Singapore Airlines Ltd., the world's second most valuable airline, said on Wednesday it planned to buy up to 31 Boeing Co 777-300ER planes worth about US&#36;7.35 billion to support growth plans.
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Boeing stock dipped despite the good news that the US leading aircraft maker was able to win an order for 10 7E7 planes to be delivered starting in 2009 from Continental Airlines that will pay $1.3 billion for the deal.
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SINGAPORE - Singapore Airlines (SIA) is set to outlay around US$7.35 billion for up to 31 Boeing B777-300ER (extended range) aircraft, with 18 to be delivered between 2006 and 2010, the company said.
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Boeing Co.  booked orders for  228 planes in the second quarter, bringing its tally to 544 for  the year so far, putting the U.S. planemaker on track to break  last year&#39;s record.
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Boeing said that it had sealed a deal with British Airways, raising the number of orders for its long-awaited 787 Dreamliner plane to 790 during the last three years.
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Boeing Co  won an order for 16 of its 787 aircraft and options for eight more from Bahrain-based Gulf Air in a contract worth as much as $6 billion, Gulf Air said on Sunday.