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A South African airline holding company announced orders today for eight Boeing 737-800 jets for its kulula.com low-fare carrier.
At list prices, the order is worth $646 million. Airlines, however, often bargain to pay less than list prices for jets.
The low-fare carrier already operates a fleet of 10 737s. The new planes will update some of the planes in the carrier's existing fleet. The planes will be built in Boeing's Renton final assembly plant.
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