Boeing (BA) Announces $934 Million Order From Aviation Capital Group

July 16, 2008 11:25 AM EDT

Boeing (NYSE: BA) and Aviation Capital Group (ACG), a subsidiary of Pacific LifeCorp, today announced that the Newport Beach, Calif.- based leasing company has ordered an additional 15 Next-Generation 737-700s. The order is worth approximately $934 million at list prices.

"This supplements our order for 17 Next-Generation 737s announced in April," said R. Stephen Hannahs, group managing director and chief executive officer of ACG. "We continue to order the 737 with the latest technological improvements, including Blended Winglets and engine enhancements, as part of our long-standing strategy to have the most fuel-efficient airplanes needed by our customers."[SM]


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