Boeing and United Airlines sign $14.7 billion deal

  • U.S. planemaker Boeing has signed a deal worth up to $14.7 billion from United Airlines for 150 Boeing 737s.

    The order comprises of 100 of the new Boeing 737 Max 9 planes and 50 Next Generation 737-900ER aircraft.

    Boeing said the deal marked a total of more than 10,000 orders overall for aircraft from the 737 family.

    The company said its Next Generation 737 was "the most fuel-efficient and reliable" single-aisle plane in the market.

    United Continental, the parent company of United Airlines, will begin taking delivery of the 737 Max 9 planes in 2018.

    The 737-900ERs will be delivered from late next year.