AOL.com Video - Finally, Boeing's $16 Bln Good News

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Finally, Boeing's $16 Bln Good News

Description:Boeing landed its biggest order ever from Europe - 175 single-aisle 737 planes worth nearly 16 billion dollars. Closing the deal in New York, Ryanair CEO Michael O'Leary said he chose Boeing over archrival Airbus largely because the 737s offered nine more seats than Airbus's A320 plane. "189 seats is a clear advantage over the A320's 180 seats. It means no matter what our competitors do, we have lower seat costs." (1:54)

Source: Reuters

Tags: reuters , airbus , boeing commercial airplanes , lion air