Printer Friendly

Boeing, EL AL sign 787 Dreamliner order.

M2 EQUITYBITES-October 30, 2015-Boeing, EL AL sign 787 Dreamliner order

(C)2015 M2 COMMUNICATIONS http://www.m2.com

Boeing (NYSE: BA) and EL AL Israel Airlines said they have agreed on an order for up to nine 787 Dreamliners, valued at more than USD2.2 billion at current list prices.

Three of the orders will be added to Boeing's Orders & Deliveries website on Nov. 5 and the remainder will be posted as further contractual requirements are finalized.

EL AL will also lease six additional 787s from independent leasing companies as the Israeli-flag carrier looks to replace and grow its existing long-haul fleet, increasing capacity and providing greater route flexibility to and from its hub at Ben Gurion Airport, Tel Aviv.

EL AL has been an all-Boeing carrier since taking delivery of its first Boeing airplane in 1961 and currently operates a fleet of 22 737s, seven 747s, seven 767s and six 777s.

The 787 is a family of technologically advanced, super-efficient airplanes with new passenger-pleasing features.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2015 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Oct 30, 2015
Words:177
Previous Article:Aircraft crash avoidance system enhances runway safety.
Next Article:Good news for airlines: Millennials want to travel more for business.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters