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Order Pipeline at Boeing Looks Great

 (Image source: foxbusiness.com)

The Boeing Company (NYSE:BA) has landed another big order! The Indian discount airliner SpiceJet Limited (BOM:500285) has placed an order to acquire 40 Boeing 737 Max planes valued at $4 billion. Boeing’s 737 Max jets are more fuel-efficient. On top of those orders, Boeing also announced that Air Algerie has committed to purchase 8 next generation planes at a price tag of $724 million. The pipeline of orders looks great for Boeing in 2014.