Boeing signs $13.8 billion deal with Singapore Airlines
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U.S. President Donald Trump and Singapore's Prime Minister Lee Hsien Loong join Singapore Airlines CEO Goh Choon Phong and Boeing's commercial airplanes CEO Kevin McAllister as they sign a sales contract for planes in the Roosevelt Room at the White House
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WASHINGTON (Reuters) - Boeing Co (NYSE: BA) on Monday signed a previously announced deal with Singapore Airlines Ltd (NASDAQ: SIAL) to sell it 39 aircraft worth $13.8 billion at list prices during a White House event with Singapore's prime minister.
The airline (NASDAQ: SIAL) said last week it would finalize the order during the visit as part of its bid to modernize its fleet over the next decade. Airlines typically receive discounts on jet orders, and the deal is estimated to be closer to $6.5 billion in value.
(Reporting by Steve Holland; Writing by Makini Brice; Editing by Tim Ahmann)
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