New Boeing 737 economy seat supplier books initial sales

New York

A NEW supplier of economy-class seats for Boeing Co's top-selling 737 jetliners has signed its first two airline customers, allowing it to begin production, a person familiar with the matter said on Monday.

The agreements with Huntington Beach, California-based LIFT by EnCore, which are due to be announced as early as this week, are the first in which Boeing buys the seats from the supplier, known as "seller-furnished equipment", essentially guaranteeing they will arrive on time.