Presidents Varela, Obama Witness Signing of Historic Airplane Order

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Boeing (BA) Receives $6.6B 737 Order from Copa Airlines (CPA)

April 10, 2015 9:01 AM EDT

Panama President Juan Carlos Varela Rodriguez and U.S. President Barack Obama witnessed a historic agreement in which Copa Airlines (NYSE: CPA) and Boeing (NYSE: BA) announced an order for 61 737 MAX 8 and MAX 9 airplanes. The order, valued at $6.6 billion at list prices, is the largest commercial transaction ever between a Panamanian and a U.S.-based company.

The signing ceremony took place in Panama City as leaders from throughout the Western Hemisphere gathered for the seventh Summit of the Americas.

Presidents Varela and Obama... More