President Donald Trump and Singapore’s Prime Minister Lee Hsien Loong look on as Singapore Airlines CEO Goh Choon Phong, left, and Kevin McAllister, president and chief executive officer of Boeing Commercial Airplanes, sign a contract in the Roosevelt Room of the White House, Monday, Oct. 23, 2017, in Washington.
WASHINGTON (Reuters) – As reported last week, Boeing Co on Monday signed a previously announced deal with Singapore Airlines Ltd to sell it 39 aircraft worth $13.8 billion at list prices during a White House event with Singapore’s prime minister.
The airline said last week it would finalize the order during the visit as part of its bid to modernize its fleet over the next decade.
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Airlines typically receive discounts on jet orders, and the deal is estimated to be closer to $6.5 billion in value.
