Posted on: 19 July 2018 by Kimberley Young
Boeing and Hawaiian Airlines have finalised an order for 10 B787-9 Dreamliners, valued at $2.82 billion at list prices. The deal also includes purchase rights for 10 additional 787s.
Peter Ingram, president and chief executive officer of Hawaiian Airlines, said the Dreamliner was “ideal” to serve as the airline’s “flagship aircraft of the future.” He added: “The aircraft provides Hawaiian with more seating capacity and greater range to expand within our current network and offer new destinations to and from Asia Pacific and North America.”
The airline announced in March that it had selected the 787-9 Dreamliner to serve medium to long-haul routes, signing a letter of intent (LoI) for the aircraft.
Boeing Global Services will provide Hawaiian with new aircraft transition support services such as Training and Initial Provisioning to ensure a smooth changeover to the new aircraft.
Boeing also made agreements at the Farnborough Airshow with two undisclosed airlines for a total of 15 787-9 Dreamliners, valued at $4.2 billion at current list prices.
One of the airlines would be a new 787 customer, while the second is adding more 787s to its fleet.
Dubai-based aircraft lessor Novus Aviation Capital also announced its first direct agreement with Boeing for up to four 777-300ERs (Extended Range) at the airshow, in a commitment valued at $1.44 billion.
“We are delighted to complete a new milestone in our investment strategy and our co-operation with Boeing,” said Hani Kuzbari, managing director at Novus Aviation Capital. “This is in line with our continuous pursuit to create value within our aircraft portfolio. We have successfully invested in the Boeing 777 over the last decade with proven return on our investment. The aircraft type remains a strong long-haul wide body aircraft for our airline customers globally.”
Boeing also won an order for the 777-300ER (extended range) at the airshow from British Airways, who announced a commitment for three of the aircraft type, to be taken on an operating lease with a leasing company.
Ihssane Mounir, senior vice-president of commercial sales & marketing for The Boeing Company, said Boeing was “delighted” that BA “has again chosen the Boeing 777 for its long-haul fleet.”
BA operates 58 777-200ER and 777-300ER aircraft across its network, and also flies 28 B787 Dreamliners and more than 30 747-400s.
Boeing also announced a large order from another as-yet unidentified customer during the airshow, making an agreement for an additional 100 737 MAX aircraft. The commitment is valued at $11.7 billion at list prices.
Rounding up the week
As the trade show neared its end, Boeing announced a total of $98.4 billion in orders and commitments for commercial aircraft at list prices and $2.1 billion in commercial and defence services orders and agreements.
Coming into the show, Boeing had 460 orders, split by 319 for the B737 and 141 wide-body orders (14 747, 20 767, 24 777 and 83 787). Over the week in commercial aviation, it achieved 673 orders and commitments in total (including 145 unidentified orders in backlog prior to the show), reporting that customers made 52 orders for the 787, 564 for the single-aisle 737 MAX and 110 orders and commitments for the 737 MAX 10. (This figure was released prior to the announcement with British Airways, which would take total orders and commitments achieved to 676).
Written by: Kimberley Young
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