FINAL APPROVAL FROM CHINA FOR BOEING DEAL

Boeing has received final approval today from the Chinese Government confirming a $19 billion aircraft agreement.

China’s approval of airline contracts for 200 orders covers aircraft to be delivered over a three-year period, 2011-2013. Comprised of 737s and 777s, the agreement positively impacts more than 100,000 jobs including those at Boeing and with its thousands of suppliers throughout the US.

“We value China’s support for our products and its confidence in Boeing,” said Jim Albaugh, president and CEO, Boeing Commercial Airplanes. “With the outstanding support provided by the United States Government, this deal is a win-win for the Boeing-China partnership, which is approaching its 40th anniversary.”