GE (GE) May Buy Fifty Boeing (BA) 737s

Posted: March 25, 2008 at 5:22 am

GE (NYSE: GE) is considering buying up to fifity Boeing (NYSE: BA) 737 jets to lease to airlines.

According to Bloomberg "The order may be valued at as much as $3.53 billion, based on a list price of $70.5 million for a next-generation 737-800 model."

GE probably gets a volume discount.

Douglas A. McIntyre

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