Boeing hits high on Singapore Airlines report
Afp, New York
Boeing shares hit an all-time high Friday after a report that Singapore Airlines was leaning to the US aviation giant over European rival Airbus for a big order of long-range jets. But one of Asia's biggest carriers could still be swayed by price cuts from Airbus, the Wall Street Journal reported. The deal could involve firm orders for 66 to 80 Boeing jets, unidentified sources told the business newspaper. Singapore Airlines is reportedly interested in a long-range version of the wide-body 777, the Jumbo 747 and the new 787 Dreamliner, giving the deal a list-price value ranging between 11 billion and 16 billion dollars. Sources were quoted as saying that negotiations between the airline and Airbus have continued, however, and discounts could shift the deal.
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