Boeing’s 747 Jumbo Boosted by $7.4 Billion Order From Russia
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Boeing Co. said it struck a $7.4 billion deal to sell 747-8 freighters to Russia’s Volga-Dnepr Group, providing a much-needed boost to the jumbo-jet program amid flagging demand for four-engine aircraft.
The companies signed a memorandum of understanding that will add 20 cargo variants of the hump-backed 747 to Volga-Dnepr’s fleet, Boeing announced today at the Paris Air Show, the aerospace industry’s largest trade expo.