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Boeing announce jet deals at Farnborough

AFP
Journalists and delegates arrive on the opening day of the Farnborough Airshow, south west of London, on July 11, 2016

US aerospace giant Boeing on Tuesday announced a string of deals for the sale of commercial aircraft, with China showing keen demand on the second day of Farnborough airshow.

The planemaker said it has finalised an order with German travel giant TUI Group for ten single-aisle 737 Max 8 jets plus the option for a long-haul 787-9 Dreamliner.

The TUI deal was worth $1.4 billion (1.3 billion euros) at catalogue prices, while airlines typically receive large discounts.

Boeing added that Air Lease Corporation had doubled an order to six 737 MAX 8s worth a total of $660 million.

ALC currently has 180 jets on order with Boeing, which represents the company's largest backlog for any leasing customer.

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Boeing added that China's Kunming Airlines has indicated an interest in purchasing ten 737 MAX 7 airplanes with a value of $902 million.

Seattle-based Boeing added that another unnamed Chinese carrier has signed a commitment for 30 737 jets worth in excess of $3.0 billion. The planes are a mixture of 737 MAX and Next-Generation 737s.