Boeing Gets USD$5.7 Bln German Order

November 28, 2006

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Boeing got its second multi-billion dollar order in as many weeks on Tuesday, as German airline Air Berlin said it would spend USD$5.7 billion on new jets.

The deal for an additional 60 Boeing jets brings the total number of 737s ordered by Air Berlin to 85, and comes a week after Boeing received a USD$5.5 billion order for 25 passenger and freighter aircraft from Korean Air.

The recent run of orders extends Boeing's lead over European rival Airbus. Boeing is staging a comeback after being beaten by Airbus, in annual plane orders for the past five years.

The latest deal with Air Berlin, the second-largest airline in Germany, makes it the largest order of 737s from Germany. In August, Air Berlin ordered 25 Boeing planes.

The 737-800 Next Generation aircraft are to be delivered between 2007 and 2014.

Air Berlin's subsidiary DBA is to receive 25 of the planes.

(Reuters)