Boeing got an $11 billion boost for its upgraded 777X jet Thursday with a Deutsche Lufthansa order for a model that doesn’t have final approval from the U.S. planemaker’s board.
Lufthansa’s purchase of 34 of Boeing’s 777-9X planes is the first for the new 777, which isn’t slated to begin flying until late this decade. Cologne, Germany-based Lufthansa also agreed to buy 25 Airbus SAS A350-900s, giving the transaction a value of $19 billion at list prices.