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Boeing, EgyptAir Exercise Options for Six Additional 737-800s

Analysis

Cairo (BOEING) - Boeing [NYSE: BA] and EgyptAir today marked delivery of the airline's first Next-Generation 737-800 by announcing the Cairo-based carrier's exercise of options for six additional 737-800s. The total order for 12 airplanes is valued at $850 million at list prices and marks a significant investment by EgyptAir to bolster its regional operations with the highly efficient and reliable 737.

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