SEATTLE (AFX) - Boeing Co. said Tuesday that Japan-based Nippon Cargo Airlines agreed to purchase two additional Boeing 747-400 freighters, with a value of about $460 million at list prices.
The company did not disclose how much the airline will pay for the planes. Based on current list prices, the order would total about $460 million, but airlines rarely pay sticker price.
Boeing said the order is included on the Boeing Orders & Deliveries Web site attributed to an unidentified customer. The company will deliver the new freighters, which will replace the airline's older 747-200s, beginning in 2008 and 2009.
Previously, Nippon Cargo Airlines ordered eight 747-400s, two of which have been delivered. The airline said the planes will reduce its airplane maintenance costs, and help it boost its global business infrastructure.
Nippon Cargo Airlines serves 17 cities through Asia, Europe, and North America.
Shares of Boeing Co. fell 90 cents to close at $76.98 on the New York Stock Exchange, and added 18 cents in aftermarket activity.
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