11th Jul 2016 05:35
CHICAGO (Alliance News) - US plane maker Boeing Co is in discussions with Spain's Air Europa Lineas Aereas and German tour operator TUI AG for orders totaling USD3.5 billion at list prices, Bloomberg reported citing people familiar with the matter.
Air Europa is in line for 20 737 Max jets valued at USD2.2 billion, with TUI slated to convert 10 options on the upgraded narrow-body into firm orders, the report said.
TUI is also poised to purchase an additional 787 Dreamliner, bringing its order to USD1.3 billion. Buyers typically negotiate discounts from list prices.
The transactions are expected to be announced this week at the Farnborough International Airshow, the bi-annual trade show where aerospace and defence manufacturers huddle with customers outside of London to hobnob and strike deals.
Copyright RTT News/dpa-AFX
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