Thu, Nov 04, 2010
State Corporation Rostechnology To Buy 50 Boeing Single-Aisle
Aircraft
An order for 50 Next-Generation B737 aircraft has been finalized
between Boeing and the Russian State Corporation
Rostechnology. The order includes purchase rights for an additional
35 Next-Generation 737s. The State Corporation's Supervisory Board
approved the definitive agreement that was signed and announced on
Sept. 17 during the Sochi Investment Forum in Russia. The order,
which includes 15 Next-Generation 737-700s, 25 737-800s and 10
737-900ERs (extended range), is valued at $3.7 billion at average
list prices.
Boeing 737-900ER File Photo
"The order of Next-Generation 737s by Rostechnology represents a
substantial investment in our future and will accelerate the
significant progress we are making in improving the global
competitiveness and efficiency of our airline industry," said Roman
Pakhomov, chief executive officer of Aviation Capital Services,
aviation leasing division of Rostechnology. "This agreement
continues to build upon the strategic partnership between
Rostechnology and Boeing."
Rostechnology 737s will be delivered with the all-new 737 Boeing
Sky Interior. The company also announced a performance improvement
package offering a 2 percent reduction in fuel consumption through
various airframe and engine improvements.
"This is a great day in the history of our long and enduring
partnership with Rostechnology," said Marlin Dailey, vice president
of Sales, Boeing Commercial Airplanes. "Today's order for 737-700s,
737-800s and 737-900ERs underscores Rostechnology's confidence in
the world's most successful single-aisle airplane. The entire
Next-Generation 737 family offers superior operating economics and
the 737-900ER has the best seat mile cost of any single-aisle
airplane and provides our Next-Generation 737 customers with a
compelling low-risk growth opportunity."
Boeing 737-700
Over the past 20 years, Boeing's joint programs in Russia have
resulted in almost $6 billion in joint projects with its Russian
partners making Boeing the largest international aerospace investor
in Russia.
Boeing announced in September that its production rate for the
Next-Generation 737 program will increase from the current rate of
31.5 airplanes per month to 35 in early 2012 and to 38 airplanes
per month in the second quarter of 2013.
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