Ryanair (RYAAY), Boeing (BA) Said in Talks for $10B 737 Order

(Updated - September 5, 2014 8:25 AM EDT)

Ryanar (Nasdaq; RYAAY) could place a massive order with Boeing (NYSE: BA) soon.

According to Reuters, Ryanair might purchase around 100 of a high-density version of Boeing 737 MAX aircraft. The deal carries a book value of around $10 billion.

Boeing has recently said it is studying ways to put more seats in the 737 MAX. Recent reports have a new version with 200 seats, which is about 11 more than the current model.

The deal between Ryanair and Boeing could be announced sometime during the middle of September. Neither company commented on the speculation.

Shares of Boeing are lower in early trading Friday.

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