British Airways owner IAG has agreed to order 50 Boeing 737 Max jets, handing the US aerospace group a much-needed boost as it struggles to overcome a series of production delays to its core programmes.
IAG on Thursday said the order for the narrow-bodied aircraft was worth $6.25bn at list prices, but that it had secured a “substantial discount” following negotiations.
The order is a boost for Boeing’s 737 single-aisle workhorse jet, and comes at a time when the Seattle-based company has faced criticism for a run of delayed deliveries and lost business to rival Airbus.
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