Russia to buy 50 Boeing 737s worth four billion dollars

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President Barack Obama on Thursday said that Russia was buying 50 Boeing aircraft valued at four billion dollars that could create 44,000 jobs in the struggling US economy.

Obama, speaking after White House talks with Russian President Dmitry Medvedev, said the order was part of a broad array of major trade and investment deals between the two countries.

"Consistent with my administration's national export initiative, this includes the sale of 50 Boeing aircraft worth four billion dollars that could add up to 44,000 new jobs in the American aerospace industry," Obama said.

© 2010 AFP

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