$BA Wins a $1.2 Billion Contract With Icelandair

“STOCKHOLM (Reuters) – Boeing said it had reached an agreement to supply Icelandair with 12 737 MAX aircraft which have a $1.2 billion list price.

Icelandair said on Thursday it had purchase rights for another 12 aircraft. It planned to fund the acquisition from internal resources as well as loans from banks.

“The company is in discussions with Export-Import Bank of the United States about possible financing support,” it said. It noted that the $1.2 billion price was the list price and that the actual purchase price was confidential.

Boeing said it was finalizing the details, after which time it would post the deal as a firm order.”

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