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Investing

Boeing Finalizes Historic Order for 737s (BA)

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By Paul Ausick Published
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The Boeing Co. (NYSE: BA) said today at the Singapore Air Show that the company has finalized an order with Indonesia’s Lion Air for up to 380 of the company’s Boeing 737 aircraft. At list price the order is worth $22.4 billion and is the largest single order in the company’s history.

Lion Air has placed a firm order for 201 Boeing 737 MAX aircraft and 29 Boeing 737 900-ER planes. The 737 MAX is Boeing’s re-engined, more fuel efficient version of the plane. In addition to the firm orders, Lion Air will have the right to purchase another 150 planes.

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Disclaimer: Energy Exploration Technologies, Inc. ("EnergyX") has engaged 24/7 Wall St to publish this communication in connection with EnergyX's ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

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Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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