Boeing lands 25 craft order from Korean Air

Reuters

Boeing Co. scored one of its biggest orders so far this year yesterday as Korean Air Lines Co. Ltd. said it will buy 25 passenger and freighter aircraft worth $5.5-billion (U.S.), sending its shares to a record. The order, which included options for eight additional planes, brings Boeing's total net orders to 847 so far this year, extending its lead over European rival Airbus SAS, which had only 508 orders for 2006 at the end of last month. The company is staging a dramatic comeback after being beaten by Airbus for the past five years. BA (NYSE) rose $1.98 (U.S.) to $91.10. 003490 (Seoul) fell 700 won (86 cents) to 35,450 won.