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Boeing holds talks with two airlines on 737

Boeing has held talks with two of Asia`s biggest carriers about …

Boeing has held talks with two of Asia`s biggest carriers about ordering its 737 jetliner, the company`s new fuel-efficient commercial aircraft, and could sign a contract next year, the Bloomberg News reported Thursday.

Singapore Airlines and Cathay Pacific Airways are among airlines in detailed conversations concerning the 737, said Mike Bair, Boeing`s senior vice president for the program.

Boeing, needs about 5 billion dollars to build the 737. Analysts said that the company will have to sign up a sufficient number of orders from carriers worldwide before the new plane is put into production.

The 737 Dreamliner is a twin-engine jet that would burn at least 15 percent less fuel than comparable jets. It will challenge the A330 made by France-based Airbus.

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