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A new milestone for Boeing

Boeing Co. said Monday it sold one of its large business jets to customer in China it did not name, marking the planemaker’s first business jet sale in China’s rapidly growing private economy.
/ Source: Reuters

Boeing Co. said Monday it sold one of its large business jets to customer in China it did not name, marking the planemaker’s first business jet sale in China’s rapidly growing private economy.

Boeing Business Jets, a unit of the world’s leading planemaker, said the sale was made to a Hong Kong-based operator, which it declined to name.

The list price is $44.5 million for one of Boeing’s business jets, which are based on the 737-700 commercial airliner that typically seats more than 100 passengers.

Boeing, which halted commercial jet production 11 days ago as its machinists went on strike, did not say when the jet would be delivered.

Since launching its business jet in 1996, Boeing has sold 98 aircraft. Most customers are private individuals, with the remainder of sales made to heads of state, corporations and charter companies.

There are currently 84 Boeing business jets in service around the world, Boeing said, with about 10 percent of delivered planes in the Asia Pacific region.