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Boeing gets $1.6B order
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November 27, 2000: 1:44 p.m. ET
Sells eight 777s, three 767s to JAL; brings 2000's 777 sales to at least 113
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NEW YORK (CNNfn) - Boeing Co. capped a strong sales year for its 777 wide-body jets Monday by selling eight of that aircraft to Japan Airlines, bringing its sales for the year for the model to at least 113.
The model included in the sale is its 777-200ER, its extended range design which can reach about 8,861 miles, allowing it to fly nonstop from Tokyo to either Los Angeles or Sydney, Australia.
 The aircraft maker also announced it is selling three of its smaller wide-body aircraft, the 767-300ER, which has a range of 6,115 miles. The total value of the 11 aircraft sale was $1.6 billion.
The airline will use the new aircraft to replace 10 MD-11 wide-body jet. Those aircraft will be repurchased by Boeing, converted to freighter configuration, and sold to United Parcel Service (UPS: Research, Estimates). The value of that transaction was not disclosed by the company.
The MD-11 craft, which are no longer produced, were made by McDonnell-Douglas, which has since been purchased by Boeing.
Los Angeles-based International Lease Finance Corp. a unit of American International Group Inc. (AIG: Research, Estimates), which leases jet planes, plans to order 33 of the 777 jets, although Ida Hawkins, a Boeing spokeswoman, said that sale is not yet final. But assuming those sales go through the 113 would be a record for aircraft in that size category.
Boeing (BA: Research, Estimates), one of 30 stocks in the Dow Jones industrial average, rose $1.81 to $67.50 Monday. 
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The Boeing Co.
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