PARIS--U.S. commercial plane maker Boeing ( BA ) has picked Michelin (ML.FR) to supply tires to its new version of the 737 jet scheduled to start operating in 2017, the French tire maker said Monday. Michelin will supply tires for the more than 1,300 737 MAX jets already booked by Boeing, the French company said Monday in a statement, without providing any estimate of the revenue from the contract with Boeing. Michelin shares traded 0.5% higher at 91.12 euros($126) in Paris at 0841 GMT. Read more: nasdaq/article/michelin-selected-by-boeing-to-supply-tires-to-737-max-2014
Posted on: Wed, 12 Mar 2014 17:14:43 +0000
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