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Boeing, Air China Announce Agreements for Boeing 777s and 737s

Written by thomas · Filed Under Commercial 

July 17, 2008

thomas

FARNBOROUGH, United Kingdom, July 17 /PRNewswire-FirstCall/ — The
Boeing Company (NYSE: BA) has signed an order with Air China, the flag
carrier of the People’s Republic of China, for 15 777-300ER (Extended
Range) and 30 Next- Generation 737-800 jetliners.

“These airplanes are the most fuel efficient in their classes,” said
Kong Dong, Chairman of Air China Limited. “The 777-300ER will be the
backbone of our long-haul international fleet and the new 737-800 will
support our hub build-up and our company’s domestic strategy.”

Air China operates international and domestic scheduled passenger and
cargo services and will use the airplanes to expand its international and
domestic routes. The carrier is based in Beijing, the home of the 2008
Olympic Games, and is the only Chinese airline selected as a 2008 Beijing
Olympics partner. The airline is one of the latest air carriers to become a
full member of Star Alliance.

“Our long-standing and productive partnership with Air China goes back
to the airline’s beginning and we’re proud to be part of their success,”
said Rob Laird, vice president, China & East Asia Sales, Boeing Commercial
Airplanes. “Air China’s expansion and renewal program demonstrates their
commitment to improving fuel efficiency and reducing environmental impact,
a commitment that Boeing shares.”

The order, worth approximately $6.3 billion at average list prices, was
previously posted to the Boeing Orders and Deliveries Web site and
attributed to an unidentified customer.

The 777 family of airplanes is the market leader in the 300-to-400-seat
segment. Since the first 777 went into service in June 1995, Boeing has
continually grown the 777 family to include five passenger models and a
freighter version.

To date, 56 customers around the world have ordered more than 1,080
777s, making it the most successful twin-engine wide-body airplane on the
market. Currently, Boeing has more than 350 unfilled orders for the 777.

To date, 115 customers have ordered more than 4,800 Next-Generation
737s. Boeing has more than 2,200 unfilled orders for the Next-Generation
737 valued at more than $160 billion at current list prices.

SOURCE The Boeing Company

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