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WestJet Buying 20 Boeing Jets

In $700 million deal, WestJet is to receive 14 of the planes in 2012 and six in 2013.

CALGARY, Alberta (AP) - WestJet will buy 20 Boeing 737 jetliners, the Canadian airline says.

The deal announced Tuesday was valued at about $700 million.

WestJet is to receive 14 of the planes in 2012 and six in 2013. The deal is for 126-passenger 737-700s, with the option to convert to 162-passenger 737-800s.

The planes are in addition to the three new Boeing Co. 737 aircraft the company said it was purchasing earlier this month, for delivery in 2010. By 2013, WestJet plans to have a fleet of 87 aircraft.

WestJet currently serves 26 Canadian cities, 11 U.S. destinations and the Bahamas, but is rapidly expanding. By 2013, the airline said, it plans to fly to more than 60 destinations in Canada, the United States, Mexico and the Caribbean.