Transportation
Boeing Set to Win $2 Billion 737 Max Order From Israel’s El Al
El Al Israel Airlines airplanes on the tarmac of Ben Gurion International Airport in Tel Aviv, Israel.
Photographer: Kobi Wolf/BloombergThis article is for subscribers only.
Boeing Co. is closing in on its second-largest order for the 737 Max jet this year from El Al Israel Airlines after a near-catastrophic accident on the model in January put the planemaker into crisis mode.
The airline will conduct exclusive negotiations with Boeing and aircraft lessors for about 30 Boeing 737 Max aircraft, the carrier said in a statement Monday. The narrow-body jet order, including replacement engines and spare parts, will cost between $2 billion to $2.5 billion.