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Boeing, Icelandair Finalize Order for 16 737 MAX Airplanes

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Boeing (NYSE: BA) and Icelandair announced a firm order today for 16 737 MAX airplanes, valued at more than $1.6 billion at list prices. The order, originally announced as a commitment for 12 airplanes in December 2012, has been increased to 16 airplanes and includes 737 MAX 8s and 9s, as well as purchase rights for eight additional 737 MAXs. Today's announcement brings the total number of 737 MAXs ordered to date to 1,180.

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