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Singapore Airlines signed a letter of intent to purchase 20 passenger jets from Boeing (BA Quote) that have a list price of $4.52 billion, the carrier said Wednesday.
The airline plans to buy 20 Boeing 787-9s and said it has purchase rights for another 20 airplanes. Deliveries will be scheduled between early 2011 and mid-2013, Singapore Air said.
Shares of Boeing were rising $4.24, or 5.5%, to $81.22. ...
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