Boeing in deal to sell 20 737s to Argentine airline

Boeing in deal to sell 20 737s to Argentine airline
Workers assemble a next-generation 737 airplane, in this file photo dated Tuesday, Jan. 29, 2013, at the Boeing's assembly facility in Renton. (AP Photo/Ted S. Warren)
CHICAGO (AP) - Boeing Co. said it has signed an agreement to sell 20 of its 737-800s to Aerolineas Argentinas.

The order would be worth $1.8 billion at list prices, although discounts are common. The Argentinian airline already has 26 similar planes.

The agreement was announced on Monday. A firm order has not yet been signed.

Boeing is getting ready to pivot from the current version of the 737, like the ones it is selling to Aerolineas Argentinas, to a new version called the 737 Max, which will have a new engine and other tweaks.

Boeing shares rose $1.11 to $122.53 in morning trading. Boeing shares are up more than 57 percent so far this year.