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737 Max jet for budget airlines

May 15, 2017 8:20 AM ETThe Boeing Company (BA) StockBA, RYAAYBy: Yoel Minkoff, SA News Editor2 Comments
  • When Boeing (NYSE:BA) was developing the latest iteration of its most popular jet, it devised a modified version with an extra emergency door that allowed it to add seven more seats.
  • The reason for the spin-off: to win an order from Ryanair (NASDAQ:RYAAY), WSJ reports.
  • The 737 Max 8 jet, which the company expects to start delivering this month, "shows how the aviation industry increasingly caters to the discount airlines that once relied heavily on second-hand planes."

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