Boeing

The Boeing Company [NYSE: BA] and low-fare carrier Norwegian Air Shuttle AS today announced an order for 42 Boeing Next-Generation 737-800s. The order is valued at $3.1 billion at list prices. The airline has secured purchase rights for an additional 42 737-800s. Today's order is the largest ever from any Scandinavian carrier and is the largest European order this year for the 737. This direct purchase comes on top of Norwegian's recent decision to add 11 Boeing 737-800s to its fleet through lease agreements. All of the 737-800s, including those on lease, will be fitted with advanced-technology Blended Winglets, which reduce aerodynamic drag and therefore reduce fuel consumption and related carbon emissions by 3 to 5 percent.