Friday, March 14, 2014

Boeing in talks with Jet Airways on 737 MAX jet

Hyderabad: Boeing Co is in talks with India's Jet Airways about the sale of 737 MAX jets, a Boeing executive said on Thursday, while two other people familiar with the matter said the company had secured the $5 billion deal.
Dinesh Keskar, senior vice-president sales for Asia Pacific at Boeing, said he was also in discussion with state-owned Air India over sales of the MAX jets, but that these talks were not as "intensely involved" as they were with Jet.
The two other sources said the Jet deal for 50 planes had essentially been completed and the planes were already listed under Boeing's "business with undisclosed customers", in its order backlog.
The company announced a large chunk of undisclosed orders in its last update for 2013. A formal announcement of the order is on hold as Jet wraps discussions over its fleet with Etihad, which last year bought a 24 percent stake in the Indian carrier, the people said.
13/03/14 Reuters/Times of India
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