Boeing Lands 787 Orders From Two Foreign Carriers Worth $3.5 billion

Wiki Commons

Wiki Commons

Boeing landed orders from El Al Israel Airlines Ltd and Australia’s Qantas Airways Ltd yesterday for its high-tech 787 Dreamliner worth more than $3.5 billion at list prices.

All in all, 59 airlines and leasing companies have now ordered Boeing’s latest jetliner.

After Qantas cancelled 35 orders for the stretched 787-9 model in 2012 amid financial losses, many questioned Qantas’ commitment to the 787.

However, the Qantas order announced on Thursday including five 787-9 Dreamliners worth $1.3 billion, and conversion of three 787-8s from Jetstar into 787-9s, put that notion to rest.

El Al remained an all-Boeing airline with its order of nine 787s, including three firm orders for 787-9s, valued at more than $2.2 billion.

Marshall Smith

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