=20 ---------------------------------------------------------------------- This article was sent to you by someone who found it on SFGate. The original article can be found on SFGate.com here: http://www.sfgate.com/cgi-bin/article.cgi?file=3D/n/a/2005/03/22/financial/= f104222S63.DTL --------------------------------------------------------------------- Tuesday, March 22, 2005 (AP) Singapore Leasing Co. to Buy Boeing Jets (03-22) 10:42 PST SEATTLE, (AP) -- Singapore Aircraft Leasing Enterprise said Tuesday that it intends to order 20 of Boeing Co.'s narrow-body 737s, with the option to purchase 20 more. The preliminary agreement, which Boeing said had not been finalized, cou= ld be worth up to $2.78 billion at list prices if the leasing company buys all 40 of the 737-800s. However, airplane buyers typically negotiate steep discounts, and the company also said it has the flexibility to convert some of those orders and options into smaller 737-700s or more advanced 737-900Xs. The airplanes are scheduled to be delivered between late 2006 and the end of 2009. Singapore Aircraft Leasing Enterprise currently has 61 airplanes flying = on 30 airlines worldwide. The leasing company is jointly owned by Singapore Airlines Ltd., Germany's WestLB Bank, Temasek Holdings and the Government of Singapore Investment Corp. Boeing is based in Chicago but most of its commercial airplane operation= s, including 737 production, is in the Seattle area. Boeing shares rose 55 cents to $57.39 in afternoon trading on the New Yo= rk Stock Exchange, approaching their 52-week high of $58.94. ___ On the Net: www.saleleasing.com www.boeing.com ---------------------------------------------------------------------- Copyright 2005 AP