Boeing Co. inked a $1.3 billion deal on Tuesday to sell four 777 freighters to Ethiopian Airlines as an aircraft provider to a Kuwaiti carrier resuming operations tentatively agreed to buy 25 Airbus A320neos.
Chicago-based Boeing and Ethiopian, Africa's largest cargo operator, made the announcement at the biennial Dubai Air Show, which continues through Thursday.
Boeing 777 freighters have a list price of $325.7 million. However, airlines and manufacturers typically negotiate discounts on such deals.
Later Tuesday, Airbus announced the tentative sale of the A320neos to Golden Falcon Aviation, the exclusive airplane provider to Wataniya Airways. Wataniya, a private...