{"id":21978,"date":"2012-03-02T05:22:00","date_gmt":"2012-03-02T05:22:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/boeing-wins-huge-orders-from-kazakhstan-ba\/21932\/"},"modified":"2012-03-02T05:22:00","modified_gmt":"2012-03-02T05:22:00","slug":"boeing-wins-huge-orders-from-kazakhstan-ba","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/boeing-wins-huge-orders-from-kazakhstan-ba\/21978\/","title":{"rendered":"Boeing Wins Huge Orders from Kazakhstan (BA)"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2010\/12\/271.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-2973\" title=\"Boeing\" src=\"https:\/\/storage.googleapis.com\/smw-news-wp\/2010\/12\/271-150x150.jpg\" alt=\"Boeing\" width=\"150\" height=\"150\"><\/a>On Thursday, U.S. aerospace giant, Boeing (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BA\">NYSE: BA<\/a>) said that it has won a major order from Kazakhstan\u2019s flagship carrier Air Astana. The aircraft manufacturer will make 7 new aircrafts worth $1.3 billion for its Kazakh client.<\/p>\n<p><span id=\"more-21978\"><\/span><\/p>\n<p>Air Astana placed an order of four extended range Boeing 767s and three Boeing 787 Dreamliners. All these panes will be built through carbon \u2013reinforced plastics.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Boeing also said that the new order \u201cis one of the largest of its kinds in Kazakhstan\u2019s history\u201d.<\/p>\n<p>The Kazakh carrier was founded in 2001; and is jointly hold by the Kazakh government and the BAE systems of Britain- which holds 49%.<\/p>\n<p>Commenting on the deal, Air Astana president Peter Foster said in a written statement \u201cOur decision to order the Boeing airplanes is part of Air Astana&#8217;s long-term growth strategy to expand and modernize our fleet with newer, more fuel-efficient airplanes to serve domestic, regional and international routes.\u201d<\/p>\n<p>Air Astana\u2019s maiden flight kick start from May 2002; the airline holds currently 26 Western-made aircraft with an average age of 11 years, and 3,500 employees.<\/p>\n<p>The airline covers about 50 domestic and international routes. The carrier\u2019s long-haul destinations cover London, Amsterdam, Seoul, Beijing, Bangkok and New Delhi. Besides, the airline also serves destinations in the former Soviet Union and Turkey.<\/p>\n<p>Air Astana, which recently placed ordered with Airbus A320 and Embraer 190 aircraft, plans to strengthen its fleet to 34 planes by 2016, and to 43 by 2020.<\/p>\n<p>So far in 2012, Boeing has booked a net 385 orders for its commercial aircraft. Shares of Chicago based Company were gaining 0.4% at $ 75.26 in the afternoon trading at <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/yelp-shares-gain-on-debut-yelp\/22063\"><br \/>\nYelp Shares Gain on Debut (YELP)<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/walt-disney-board-criticized-for-choosing-iger-as-chairman-dis\/22062\"><br \/>\nWalt Disney Board Criticized for Choosing Iger as Chairman (DIS)<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/gold-prices-slip-2\/22061\"><br \/>\nGold Prices Slip<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/stocks-end-lower-3\/22036\"><br \/>\nStocks End Lower<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/stocks-headed-for-a-lower-finish-21\/22032\"><br \/>\nStocks Headed for a Lower Finish<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/universal-health-realty-income-will-continue-to-explore-opportunities-for-growth\/22031\"><br \/>\nUniversal Health Realty Income &#8211; Will continue to explore opportunities for growth<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/tredegar-corporation-solid-quarterly-performance-is-evidence-that-bonnells-efforts-to-focus-on-operational-excellence\/22030\"><br \/>\nTredegar Corporation &#8211; Solid quarterly performance is evidence that Bonnell\u2019s efforts to focus on operational excellence<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, U.S. aerospace giant, Boeing (NYSE: BA) said that it has won a major order from Kazakhstan\u2019s flagship carrier [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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