Asian Rivalry Is Good News for Boeing

A long-standing rivalry between two major airlines - Austrailia's QANTAS and Singapore Airlines - is heating up in a big way - in a way that can only benefit airplane manufacturer Boeing.

Singapore might order the Boeing 777-200LR, quite a few 787 Dreamliners and up to six 747 Advanced freighters, according to the Wall Street Journal. Singapore would order a total of 80 planes, and had a bunch of 777-300ERs on order as well.

Also the word on the street is that Russian airline Aeroflot will buy 22 Boeing aircraft worth $2.5 billion. The order would be made up of those 787 Dreamliners. Looks like a good way for Boeing to close out a great year for them.