financetom
Business
financetom
/
Business
/
Israel's El Al signs Boeing 737 MAX deal worth up to $2.5 bln
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Israel's El Al signs Boeing 737 MAX deal worth up to $2.5 bln
Aug 14, 2024 11:55 PM

JERUSALEM, Aug 15 (Reuters) - El Al Israel Airlines

said on Thursday it had signed a deal with Boeing ( BA )

for the purchase of up to 31 737 MAX aircraft worth as

much as $2.5 billion.

El Al, Israel's flag carrier with an all-Boeing ( BA ) fleet, said

the agreement includes the purchase of 20 737 MAX airliners for

$1.5 billion and options for 11 more.

Delivery is expected to begin in 2028, although the carrier

said it would consider bringing forward the operation of several

737 MAX aircraft to as early as 2027 through a dry lease.

The new planes will replace the airline's current short-haul

fleet of ageing Boeing 737-800 and 737-900 aircraft.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
InPlay Oil Q4 Earnings Miss Analysts' Estimates
InPlay Oil Q4 Earnings Miss Analysts' Estimates
Mar 14, 2025
09:09 AM EDT, 03/14/2025 (MT Newswires) -- InPlay Oil ( IPOOF ) reported Friday comprehensive earnings in the fourth quarter of 2024 that missed analysts' estimates on lower than expected revenues as production slipped. The company declared a comprehensive income of $2.2 million, or $0.02 per share, below the analyst consensus earnings forecast of $0.04 per share compiled by FactSet....
SUNation Energy Pays Off Senior, Junior Secured Loans
SUNation Energy Pays Off Senior, Junior Secured Loans
Mar 14, 2025
09:06 AM EDT, 03/14/2025 (MT Newswires) -- SUNation Energy ( SUNE ) said Friday it has fully repaid $9.4 million in senior and junior secured debt that were set to mature between July 2025 and June 2027. The company said the repayment removes about $3.4 million in annual cash outflows through 2027. SUNation Energy ( SUNE ) said it used...
Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Mar 14, 2025
09:11 AM EDT, 03/14/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently advanced by 1.3%. RLX Technology ( RLX ) shares were up 4% after the company reported a higher Q4 revenue. Buckle...
Oil Rises as Russia Stalls on Accepting a Proposed 30-Day Ceasefire
Oil Rises as Russia Stalls on Accepting a Proposed 30-Day Ceasefire
Mar 14, 2025
09:09 AM EDT, 03/14/2025 (MT Newswires) -- Oil prices rose early on Friday as Russia appeared to reject a U.S.-backed ceasefire in Ukraine, reducing the chance for the lifting of sanctions on Moscow and the full return of the country's oil to international markets. West Texas Intermediate crude oil for April delivery was last seen up US$0.58 to US$67.13 per...
Copyright 2023-2026 - www.financetom.com All Rights Reserved