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Boeing Sees Strong Demand Amid Low Oil Prices

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Boeing Co (NYSE: BA) is seeing strong demand for its narrowbody jets amid the oil price decline, according to Reuters.

John Wojick, Senior Vice President for Global Sales & Marketing for Boeing, told Reuters that demand for air travel is growing as low oil prices revitalize the economy.

Pricing for the 737 MAX remained “solid” and the company was working to fill a backlog for 777 jets, according to Wojick.

Boeing recently reported a record in 2014 for commercial orders.

Boeing recently traded at $132.34, up 0.85 percent.

Posted-In: John Wojick ReutersNews

 

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