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British Airways Parent’s Boeing 737 MAX Order Is Prompted by More Than Just Price: CEO

IAG SA Chief Executive Officer Willie Walsh said frustration with Airbus SE over late jetliner deliveries was a factor in his decision to place a $24 billion order for Boeing Co.’s grounded 737 Max model. Cost and a desire to have a mixed narrow-body fleet weren’t the only considerations in the purchase, with IAG experiencing a 70-day delay on average for handovers of the A320neo aircraft, which competes with the Max, the CEO said in an interview. ( More...

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