Boston, MA 10/01/2013 (wallstreetpr) – Celebrations are in row in the camp of The Boeing Company as it won a deal to supply five next generations Boeing 737-900ER (Extended Range) from Alaska Airlines. The total value of the deal is estimated to be $481 million for all the five aircrafts. Two of the aircrafts are slated to be delivered in 2015, another two the following year and the last one in 2017. Alaska Air Group’s VP of finance and treasurer, Mark Eliasen was delighted with the improvements and expressed hope of bringing up the growth percentage of the company from 4% to 8% apart from the margin.
Win-win scenario for both The Boeing Company and Alaska Airlines
The Boeing Company enforces the belief that the aircraft’s relatively low operating costs and high reliability, makes it suitable for a good commercial carrier. Brad McMullen, VP of sales North America, Boeing Commercial Airplanes further emphasized that these new-age Boeing 737-900 ER aircrafts are technically highly competent in today’s market and offers great customer satisfaction in terms of their flying experience. Further it provides good value for the cost per flight ticket for the company Alaska Airlines.
The Boeing Company’s 787-9 Dreamliner faces certification issues
On the other hand The Boeing Company manufactured 787-9 Dreamliner aircraft is slated to be delivered to Air New Zealand Ltd. in 2014. But this aircraft is facing certification delay due to a probable shutdown of the Federal Aviation Administration (FAA) of the US government, though it is ready to be delivered. The FAA has put off all certification work based on how long the shutdown is going to be implemented.
Since sooner or later the shutdown is going to be lifted, there is no impact on the stock price as the shares were traded between $116 and $117 and the 52-week highest stood at a close $120.38.
