Business

October 30, 2015
 

Boeing, EL AL Israel Airlines agree on 787 Dreamliner order

boeing-el-al
Boeing and EL AL Israel Airlines agreed on an order Oct. 29 for up to nine 787 Dreamliners, valued at more than $2.2 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.
“I am proud to unveil today the largest aircraft acquisition program in the history of EL AL. Our agreement to purchase 787 Dreamliners is a significant step forward in the optimization of our route network, enhancing passenger service and the overall flight experience,” said David Maimon, President and Chief Executive Officer, EL AL. “These aircraft are the latest and most advanced in the world and are efficient and economical. I am convinced that this move is a great opportunity to meet the high standard expected of us and continue the momentum in EL AL’s focus to provide our customer with maximum comfort, the newest and best technology and deliver a high standard of service on-board.”
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.
“Boeing is proud of our long-standing relationship dating back to the delivery of the airline’s first 707 in 1961 and we are pleased to now count EL AL as the newest 787 customer,” said Boeing Commercial Airplanes President and CEO Ray Conner.  “The Dreamliner is a perfect fit for EL AL’s medium to long haul routes. The addition of 787s to the EL AL fleet will enable it to grow its route structure, while providing more range and capacity with exceptional passenger comfort.” 
The 787 is a family of technologically advanced, super-efficient airplanes with new passenger-pleasing features. In addition to bringing big-jet ranges to midsize airplanes, the 787 will provide EL AL with unmatched fuel efficiency and environmental performance, using 20 percent less fuel and with 20 percent fewer emissions than the airplanes it replaces.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines – February 16, 2018

News It’s official: DOD releases new ‘deploy or get out’ policy – The Pentagon on Feb. 14 released its new policy on military lethality, which will begin separation procedures for service members who have been non-deployable for the last 12 months or more.     Business South Korea’s K2 tank to run on German transmission...
 
 

News Briefs – February 16, 2018

Trump’s military parade could cost $10M-$30M The White House budget director says a military parade envisioned by President Donald Trump could cost between $10 million and $30 million, although that money is not included in the administration’s new budget request. Office of Management and Budget Director Mick Mulvaney told the House Budget Committee Feb. 14...
 
 
Courtesy photograph

A different look at history

Courtesy photograph An air raid alert in Los Angeles, Feb. 25, 1942. Those of you who are students of history and enjoy the subject are the ones who will carry it forward to future generations. Many times I have been in classes...