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Boeing and Air Europa announce order of 16 next-generation 737s

Analysis

CHICAGO (Boeing) - Spanish carrier Air Europa has converted purchase rights into orders for 16 Boeing [NYSE:BA] Next-Generation 737-800 airplanes. The airplanes are valued at approximately $1 billion at list prices and will be delivered between 2010 and 2014. Air Europa will use these new airplanes on domestic routes within Spain, including the Balearic and Canary islands, as well as on European and North African routes.

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