Source AP ©

Chile's LAN Airlines makes largest purchase of Boeing Co's 787 Dreamliner jets

Chile's LAN Airlines will buy 26 of Boeing Co.'s 787 Dreamliner jets.

The order is worth about $4.5 billion (3.1 billion EUR) at the plane's list price, though buyers typically negotiate steep discounts.

Santiago-based LAN Airlines also plans to lease six additional 787s from International Lease Finance Corp. The airline will also acquire four Boeing 777 freighters - two from Boeing and two on lease from General Electric's aviation division.

Boeing said last month it would delay the launch of its highly anticipated Dreamliner by six months to November or December 2008 because of assembly problems.

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
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