Boeing, Pakistan International Airlines Finalize Order For Five 777-300ERs

Embraer, Boeing Partner To Market And Sell KC-390 Medium-Airlift Aircraft

Boeing Launches 787-10 Dreamliner, United To Be North American Launch Customer

Boeing Launches 787-10 Dreamliner - Quick Facts

Boeing, Airbus, Embraer Announce Orders At Paris Air Show

Trade BA now with

2/20/2012 1:58 PM ET

Boeing Co. (BA: Quote) on Monday announced a firm order for five 777-300ER airplanes from Pakistan International Airlines.

Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs.

In 2002, Pakistan's flag carrier became the world's first airline to purchase all three passenger models of the 777 Family and in that year was also the launch customer for the 777-200LR (longer range) airplane.

Boeing said that 2011 was the best-selling year for the 777 program with a net order book of 200, surpassing the previous record of 154 orders set in 2005.

Click here to receive FREE breaking news email alerts for Boeing Co. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 154 Articles Next>>

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.