Boeing board approves new 777 sales: WSJ


Boeing Co's board has given its commercial airplanes unit approval to start selling a new version of its long-range 777 jetliner, the Wall Street Journal reported, citing an unnamed person familiar with the decision.

The approval came at a board meeting in Chicago that coincided with Boeing's annual shareholder meeting on Monday, the Journal said.

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Boeing intends the 777X to be an improvement on its existing 777 models for long-haul service.

The decision allows Boeing to begin formally negotiating deals with airlines for the new jet, the daily said.

A Boeing spokeswoman could not be immediately reached for comment outside regular business hours.

(Reporting by Neha Alawadhi in Bangalore; Editing by Daniel Magnowski)