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The biggest buyer of the passenger version has been Lufthansa, with orders for 19, including nine that have been delivered. No U.S. airlines have bought it. The 747's list price of around $350 million makes it Boeing's most expensive plane. That means that even if it doesn't sell very many, it's a big revenue generator. Boeing said the slower rate would not have a significant financial impact. Shares of Chicago-based Boeing Co. rose 31 cents to $122.60 in afternoon trading after rising to an all-time high of $122.86 earlier in the session. Boeing stock has been rising steadily since March, when investors began to focus less on its problems with its new 787 and more on the rising deliveries for most of its planes.
[Associated
Press;
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