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Fri, May 09, 2008

Boeing, Asiana Airlines Complete Deal For Two 777-200ERs

May Substitute Longer-Range -300ERs If Needed

On Thursday, Boeing and Asiana Airlines announced completion of an order for two 777-200ERs (Extended Range). The order is valued at $438 million at list prices.

The South Korean airline holds rights to substitute the larger 777-300ER which features increased payload and range capability, if needed, in the future. Asiana currently operates 40 Boeing airplanes, including nine Boeing 777s.

"The additional 777s are ideal for Asiana's future plans," said Rob Laird, vice president of Sales for China and East Asia, Boeing Commercial Airplanes. "The 777 is a valuable asset to Asiana's successful long-haul operations and we welcome this opportunity to demonstrate and validate our twin-aisle product strategy success in meeting the airline's high standards of quality."

The twin-engine Boeing 777 is the most fuel-efficient airplane in its category. To date, 56 customers around the world have ordered more than 1,070 777s, making it the most successful twin-engine wide-body airplane on the market.

Currently, Boeing has a backlog of more than 360 777 orders.



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