Boeing Board of Directors Allows Sale of 777X

Boeing Co.'s (BA) board of directors gave approval to its commercial airplanes unit to start selling a new version of its long-range 777 jetliner, according to a person familiar with the decision. The decision came earlier this week at a board meeting in Chicago that coincided with Boeing's annual shareholder meeting, the person said. The milestone allows Boeing to begin formally negotiating deals with airlines for the new jet, dubbed the 777X, which Boeing hopes will extend the life… (www.foxbusiness.com) Mehr...