HispanicBusiness

US aircraft manufacturer Boeing announced a major order worth $7.2 billion for new aircraft at the opening of the Farnborough Air Show in Britain Monday.

The Seattle-based company, who is the main rival of France-based European consortium Airbus, said Air Lease Corporation (ALC), the leading US aircraft leasing company, had placed an order for 75 Boeing 737-MAX aircraft and secured an option on a further 25.

The 737 is often described as the "workhorse of the skies" and the 737 MAX is a new-engine variant of what is the world's best-selling aircraft, a statement by Boeing said.

Meanwhile, British aero-engine maker Rolls-Royce said it had secured a contract from the US army to service helicopter engines, worth a total of $183 million.