Fri, Jan 18, 2008
Switzerland-Based Business Aviation Group Expands 787 VIP
order
Boeing and Geneva-based
PrivatAir have announced an order for one Boeing 787-8 VIP
airplane, a purchase-right exercise from PrivatAir's initial 787
order in 2006. Today's order is valued at $162 million. Through
this agreement, PrivatAir has two 787s on order and has secured an
additional purchase right.
"The ever-increasing demand from charter customers for
long-range, large-cabin aircraft shows no sign of abating, and
PrivatAir is strategically placed to provide its customers with the
widest range of travel options," said Greg Thomas, CEO of
PrivatAir. "This latest order will further expand the capabilities
of PrivatAir's fleet, enabling our passengers to travel further,
faster and in greater comfort."
Since launching the 787 program in 2004, Boeing has secured 841
orders from 55 customers, including a record-breaking 369 orders in
2007.
"PrivatAir clearly recognizes the outstanding potential of the
787 VIP jet for business and private jet operations, both from an
economic viewpoint as well as passenger luxuries," said Marlin
Dailey, vice president of Sales, Europe, Russia & Central Asia,
Boeing Commercial Airplanes. "The 787 VIP airplane provides
PrivatAir the opportunity to raise the bar even higher."
PrivatAir is a leading international business aviation group
with headquarters in Geneva; operating bases in Düsseldorf,
Hamburg and Munich, Germany; in Zurich, Switzerland; and through
its U.S. subsidiary PrivatAir Inc. The company employs 540 people
and manages a fleet of some 50 aircraft with a turnover exceeding
$200 million.
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