Panama’s Copa Airlines has signed a $1.7 billion contract with Boeing to purchase 22 B737-800 planes.
The deal also included an option for Copa to buy 10 additional planes.
With this sale, Copa has now purchased 55 planes from Boeing for delivery in the next four years. The U.S. aerospace industry, which supports more than 1.5 million workers, has produced a trade surplus of $31.7 billion in the first 9 months of 2010, one of the largest among manufacturing sectors, according to the Commerce Department.
Overall bilateral trade between the United States and Panama so far this year reached $4.6 billion through September.
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