More Plane Orders for Boeing - TheStreet


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notched firm orders Wednesday worth about $3.5 billion for more than 50 of its 737-800 passenger jets.

Alaska Air

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said it placed 35 firm orders for the single-aisle Boeing model, including three the airline already planned to acquire next year.

Alaska said it also has options on 15 additional 737-800s and purchase rights for 50 more.

At list prices, Alaska's firm orders are worth about $2.3 billion, although airplane manufacturers typically give customers discounts. The Seattle-based airline will take delivery of the planes over the next six years.

Separately, Boeing confirmed it received 18 firm orders worth about $1.18 billion for the same model from

Air Europa

, based in Palma de Mallorca, Spain. The airline also has options to acquire a dozen more 737-800s.

Boeing and archrival


have unveiled a flurry of deals at this week's Paris Air Show. Boeing shares rose $1.48, or 2.4%, to $64.41 Wednesday.