– Order Will Make Etihad Wrold’s Largest 787-9 Dreamliner Airline Customer
– Abu Dhabi-Based Carrier Also Orders Two Boeing 777 Freighters

Abu Dhabi, United Arab Emirates | December 12, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Etihad Airways, the national airline of the United Arab Emirates, today announced an order for 10 Boeing 787-9 Dreamliners and two Boeing 777 Freighters.
Valued at a combined $2.8 billion at current list prices, this order will make Etihad the world’s largest airline customer of the 787-9. Etihad has a total of 41 787s on order.
The order also increases Etihad’s current Boeing 777 backlog to 12 airplanes, which includes 10 previously ordered 777-300ERs (extended range). The Abu Dhabi-based airline’s fleet currently includes eight Boeing 777-300ERs and one 777 Freighter.

“Our decision to expand our Dreamliner fleet is testimony to Etihad’s commitment to operating one of the youngest and most fuel efficient fleets in the skies,” said Etihad Airways Chief Executive Officer, Mr. James Hogan. “It also reflects our confidence in the 787’s ability to have a significant impact on our operating efficiencies and the passenger experience we can offer onboard this revolutionary aircraft. Both the Boeing 787 Dreamliner and the 777 Freighter offer highly attractive operating economics and will facilitate our global expansion plans by allowing us to transport passengers and cargo into new global markets from our hub in Abu Dhabi.”

Founded in 2003, Etihad Airways is one of the fastest growing airlines in the world and currently operates scheduled flights to 84 passenger and cargo destinations across Europe, the Middle East, Africa, Asia Pacific and North America.

“In less than 10 years Etihad Airways has established an enviable track record and has earned global recognition for its focus on providing its customers with a quality product,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. “We are extremely proud of our partnership with Etihad Airways and are confident the 787 Dreamliner and the 777 Freighter will make valuable contributions to Etihad’s growth plans and service for its passenger and freight customers.”

The Boeing 787 Dreamliner is an all-new commercial jetliner that brings new efficiencies to airlines and delivers superior comfort to passengers. The Dreamliner is the fastest-selling twin-aisle airplane in aviation history, with more than 800 orders from 58 customers around the world.

The 777 freighter is the world’s longest-range, twin-engine freighter and features the lowest trip cost of any large freighter, with high-cargo density and 10-foot (3.1-meter) interior height capability that complements the popular 747 freighter family.

– ALC To Take Delivery Of Four 787-9 Dreamliners, Four Next-Generation 737-800s
– Order Valued AT More Than $1.2 Billion At List Prices

Seattle, WA | December 8, 2011 — Boeing (NYSE: BA) and Air Lease Corporation (ALC) have finalized an order for four 787-9 Dreamliners. ALC also exercised options for four Next-Generation 737-800s. The order, with a list-price value of more than $1.2 billion, marks the completion of an agreement announced during the Paris Air Show in June.

“This order is a continuation of Air Lease Corporation’s disciplined approach to building its fleet,” said Ray Conner, senior vice president for Sales and Customer Support for Boeing Commercial Airplanes. “Air Lease Corporation has positioned itself for success since starting business early last year. These 787-9 Dreamliners and 737-800s support its strategy of establishing a fleet of young, high-quality, high-demand airplanes for its airline customers.”

The airplanes join the 74 Next-Generation 737-800s and five 777-300ER (Extended Range) airplanes that ALC currently has on order.

“This order will continue to diversify our portfolio of efficient airplanes for our airline customers,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “The 787-9, with its increased size and range, will provide our customers the ability to serve more cities with the lowest possible cost per seat.”

The Boeing 787-9 Dreamliner is a slightly larger version of the 787-8 and will carry 250-290 passengers on routes of 8,000 to 8,500 nautical miles (14,800 to 15,750 kilometers). The 787 provides airlines with incredible fuel efficiency, resulting in exceptional environmental performance. The airplane uses 20 percent less fuel than today’s similarly sized airplanes. It also will travel at a speed of March 0.85, which is similar to the speed of today’s fastest wide-body airplanes.

“Air Lease Corporation’s order helps establish the 787-9 Dreamliner in the leasing market,” said Bill Collins, vice president of Leasing Sales for Boeing Commercial Airplanes. “It also builds on the continued market success of this airplane.”

The order increases the number of 787-9s on order to 270 airplanes from customers located all over the world. The 787 Dreamliner family, including the 787-8 and 787-9, has accumulated a total of 825 orders.

Record Breaking Aircraft Order Is The Single Largest By Any Airline With Boeing

Dubai, UAE – Dubai Air Show | November 13, 2011 —Emirates, one of the world’s fastest growing airlines, today placed the single largest aircraft order in dollar value in Boeing’s history for an additional 50 777-300 ER aircraft, worth approximately US$ 18 billion (AED 66 billion) in list price. The order also included 20 777-300 ER options valued at US$8 billion (AED 29.4 billion), for a total of 70 aircraft valued at US$ 26 billion (AED 95.4 billion).

This record breaking long-range aircraft order, adds to Emirates existing world’s largest fleet of 95 777s in service including nine 200 ERs, 10-200 LRs, 12 -300s, 61-300 ERs and three freighters. Emirates had 40 777-300 ERs already on the order books, so with today’s order that now stands at a firm order of 90 777-300 ERs.

The agreement was signed today during a ceremony at the Dubai Air Show by His Highness (H.H.) Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and Jim Albaugh, President and CEO of Boeing Commercial Airplanes. The signing was also witnessed by Emirates senior executives, Tim Clark, President, Emirates airline and Adel Al Redha, Emirates Executive Vice President, Engineering and Operations as well as David Joyce, President and Chief Executive Officer of GE Aviation, whose GE 90-115B engine will power the 777-300 ER aircraft.

“With 61 777 300-ERs currently in service, this record breaking dollar value order is another milestone for Emirates and affirms our strategy to expand our long haul destinations and continue to excel as a world leading carrier, connecting the world to Dubai and beyond,” said H.H. Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group. “The Boeing 777-300 ER aircraft plays a pivotal role in Emirates development of a modern fleet to meet the demand for global air travel for the future.”

The 777-300ER will be operated in a three-class configuration with eight First Class suites, 42 Business Class seats and 310 Economy Class seats and offers an additional cargo payload of 20.1 tonnes.

“This is an extremely proud moment for us as it not only underscores Emirates’ on going confidence in the 777 but also makes this the single largest order in dollar value in Boeing’s history,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. “As the largest operator of the 777 in the world, Emirates has played an important role in development of the airplane and its input over the years has been invaluable in the development of the 777 program.”

“ Today’s 777-300 ER order gives Emirates the ability to replace some of our older existing aircraft allowing us to maintain our leadership in fuel efficiency as well as providing our customers with an updated superior product,” said Tim Clark, President, Emirates. “Our passengers can look forward to continued innovations in aircraft comfort, entertainment and service for which Emirates is renowned.”

Emirates currently has a fleet of 162 wide-bodied aircraft, flying to 115 destinations in 67 countries. The airline is on track to become one of the largest airlines in the world. In addition to the 50 777-300 ERs announced today, Emirates has 73 Airbus A380s, 70 Airbus A350s, 40 777-300 ERs and six Boeing freighters on order, for a total of 239 wide-body aircraft worth more than US$92 billion (AED 337.6 billion).

Seattle, WA | September 27, 2011 — Boeing [NYSE: BA] and UTair Aviation, Russia have signed an order for 40 Boeing Next-Generation 737 airplanes, comprised of seven 737-900ERs and 33 737-800s. The agreement was previously announced at the 2011 Paris Air Show. The order is valued at $3.8 billion at list prices.

“UTair is a wonderful business partner with Boeing. We are truly proud of the airline’s history and accomplishments in Russian commercial aviation. The Next-Generation 737s with the Boeing Sky Interior will enhance their network and customer appeal for both domestic and international routes,” said Marty Bentrott, vice president of Sales for Russia, Central Asia and Middle East, Boeing Commercial Airplanes.

All 40 UTair airplanes will be delivered with the new interior that offers unprecedented passenger appeal and comfort with such features as spacious cabin headroom, overhead bins that disappear into the ceiling yet carry more bags and LED lighting that brings any color into the cabin.

737-900ER Is Part Of Delta’s Fleet Renewal Effort
The Order Has a List-Price Value Of More Than $8.5 Billion

SEATTLE, Wash. | Aug. 25, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Delta Air Lines today announced an order for 100 Next-Generation 737-900ER (extended range) airplanes. The order, with a list-price value of more than $8.5 billion, is part of Delta’s fleet renewal effort to replace its less efficient domestic airplanes.

“The 737-900ER is the perfect airplane to replace the older, less efficient airplanes in our single-aisle fleet,” said Delta President Ed Bastian. “Reliability and fuel efficiency are direct contributors to our financial performance. The 737-900ER will provide us a reliable airplane with the lowest fuel burn in our domestic fleet.”

The Boeing 737-900ER is the newest member of the Next-Generation 737 airplane family. It also is the highest capacity, longest-range airplane in Boeing’s single-aisle fleet. New aerodynamic and structural design changes allow the airplane to carry up to 180 passengers in a typical two-class layout. The advanced-technology wing design that helps increase fuel capacity and efficiency provides substantial economic advantages over competing models.

“We thank Delta for its confidence in the Next-Generation 737-900ER as a solution to its fleet renewal,” said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. “As an industry-leading airline, Delta’s investment validates the continuous improvements we are making to the Next-Generation 737’s efficiency, economics, reliability and passenger comfort.”

All of the airplanes will feature the new Boeing Sky Interior. This new interior is the latest in a series of enhancements for both airlines and passengers. It introduces new lighting and curving architecture that create a distinctive entry way. Passengers will enjoy a more open cabin feel and an environment simulated by light-emitting diode (LED) lighting. The new interior also features sculpted sidewalls and newly improved and expanded pivot bins.

777 Freighter Celebrates New Customer Cathay Pacific’s Total 777-300ER Commitment Reaches 50

HONG KONG, Aug. 10, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Cathay Pacific Airways today announced the Hong Kong-based carrier has ordered eight Boeing 777 Freighters and four 777-300ER (extended range) airplanes. The order is valued at $3.3 billion at list prices. With this announcement, Cathay Pacific becomes the 15th customer to order the 777 Freighter and increases its Boeing 777-300ER fleet to 50.

“We are very pleased to announce this latest Boeing order, which highlights our commitment to operating a modern and efficient fleet together with a deep commitment to our home city, Hong Kong,” said John Slosar, Cathay Pacific Chief Executive. “The Boeing 777-300ER is a superb aircraft that has already given a significant boost to our long-haul passenger operations, while the Boeing 777 Freighter will improve our freighter operations by delivering improved payload range capability at competitive operating costs.”

“The Boeing 777 Freighter, together with the other new aircraft types, will provide us with exactly the right balance in our fleet portfolio through to the end of the decade along with a more efficient and environmentally friendly operation,” Slosar added.

“We thank Cathay Pacific for its continued confidence in the 777-300ER and for its selection of the 777 Freighter,” said Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes. “We look forward to working with Cathay to introduce the 777 Freighter into its cargo operations, and are grateful for the opportunity to partner with Cathay as it continues to build upon its success as a global long-haul carrier.”

Including this order, Cathay Pacific has 36 777s in backlog, and already operates 35 777s direct from Boeing.
The 777-300ER is the world’s largest long-range twin-engine jetliner, capable of carrying 365 passengers up to 7,930 nautical miles (14,685 kilometers). To date 34 customers around the world have ordered more than 500 777-300ERs.

The 777 Freighter will position Cathay Pacific Airways to take advantage of the high air cargo traffic growth projected for Hong Kong and the Asia Pacific region. The airplane is the world’s longest range twin-engine freighter. Providing cargo capacity normally associated with larger airplanes, the 777 freighter can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 225,200 pounds (102 metric tons).

Order Has List-Price Value Of $2.5 Billion

SEATTLE, Aug. 15, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Air Lease Corporation (ALC) have finalized an order for 14 Next-Generation 737-800s, with options for four more, and five 777-300ER (extended range) airplanes. It was previously posted on the Boeing Orders & Deliveries website, attributed to an unidentified customer.

The order marks the completion of part of an agreement announced during the Paris Air Show in June. At list prices, the order is valued at $2.5 billion.

“This order for Next-Generation 737-800s and 777-300ERs is a key building block in the foundation of our growing commercial leasing fleet,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “With this order, we’ll be able to offer our clients a most economical, fuel-efficient and versatile airplane, suitable for a variety of profitable missions.”
The Next-Generation 737 family is the world’s best-selling airplane, consistently delivering outstanding operational and financial performance across the widest range of missions. This order builds on ALC’s existing backlog of 60 Next-Generation 737-800s.

The 777-300ER is the world’s largest long-range twin-engine jetliner, capable of carrying 365 passengers up to 7,930 nautical miles (14,685 kilometers). To date 34 customers around the world have ordered more than 500 777-300ERs.

“We thank Air Lease Corporation for its confidence in the Next-Generation 737-800 and 777-300ER,” said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. “Air Lease Corporation’s management team has positioned itself well for success and we are committed to supporting its growth by delivering the best airplanes and services.”

Boeing and ALC continue working to finalize an agreement for the purchase of four 787-9 Dreamliners, also announced at the Paris Air Show, at which time the 787 order will be posted to the Boeing Orders & Deliveries website.

SEATTLE | Aug. 1, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Korean Air today announced an order for two additional Next-Generation 737-900ER (extended range) jetliners. The new airplanes will be fitted with the new Boeing Sky Interior and the order is valued at $171.6 million at Boeing list prices.

“The Next-Generation 737-900ER complements Korean Air’s fleet of more than 80 Boeing airplanes,” said Marlin Dailey, vice president of Sales and Marketing, Boeing Commercial Airplanes. “The new Boeing Sky Interior will enable Korean Air to further enhance the premium flying experience it provides to its passengers.”

Korea’s flag carrier is in the process of revamping its fleet with technologically advanced airplanes – having completed a cabin refurbishment project for its mid- to long-haul flights early this year. The addition of Boeing’s Next-Generation 737-900ER will further improve Korean Air’s premium service strategy.

The Boeing 737-900ER is the newest member of the Next-Generation 737 airplane family. It also is the highest capacity, longest-range airplane in Boeing’s single-aisle fleet. New aerodynamic and structural design changes allow the airplane to carry up to 180 passengers in a two-class layout. The advanced-technology wing design that helps increase fuel capacity and efficiency provides substantial economic advantages over competing models.

The Next-Generation 737 Boeing Sky Interior is the latest in a series of enhancements for both airlines and passengers. It introduces new lighting and curving architecture that create a distinctive entry way. Passengers will enjoy a more open cabin feel and an environment simulated by light-emitting diode (LED) lighting. The new interior also features newly improved and expanded pivot bins which enables passengers to load more baggage and helps keep disturbances to aisle seat passengers to a minimum.

Korean Air currently operates two 737-900ERs as well as a combination of Next-Generation 737-800s and -900s in its single-aisle fleet. The airline’s fleet consists of 82 Boeing jets. Boeing Flight Services partners with Korean Air to provide Next-Generation 737 flight training for Korean Air’s crews at the airline’s training facility in Incheon.

– Agreement Includes 100 Next-Generation 737s With Options For 40 More
– Commitment To Order 100 737s With New Engines And Options For 60 More

SEATTLE, July 20, 2011 /PRNewswire/ — Boeing (NYSE: BA) confirmed that American Airlines has selected Boeing to provide 200 narrowbody airplanes, with options for 100 more, to accelerate its single-aisle fleet replacement.

The agreement includes 100 Next-Generation 737s, with options for an additional 40 airplanes. Boeing and American Airlines will work to finalize the agreement over the next several weeks, at which time it will be a firm order and posted to the Boeing Orders and Deliveries website.
In addition, American Airlines has committed to order a variant of the 737 featuring new more fuel-efficient engines, pending final airplane configuration and launch approval of the program by the Boeing board of directors. This commitment for 100 airplanes, with options for 60 more, is the first of many anticipated for this variant. The airplane would be powered by CFM International’s LEAP-X engine.

“This agreement highlights our focus on investing in our fleet for the benefit of our shareholders, customers and employees,” said Tom Horton, president, AMR Corp., the parent company of American Airlines and American Eagle. “The addition of these Next-Generation 737s will play a critical role in replacing our narrowbody fleet with more fuel-efficient aircraft offering state-of-the-art customer features.”

American Airlines’ current fleet of more than 600 Boeing airplanes includes 156 Next-Generation 737-800s delivered to date. The agreement builds on American Airlines’ existing backlog of 64 Boeing airplanes consisting of 51 737-800s, seven 777-200ERs (extended range) and six 777-300ERs. In addition, American Airlines has an existing purchase agreement with Boeing to acquire an initial 42 787-9 Dreamliners, with the right to purchase up to 58 additional 787s.

“American Airlines is an industry leader whose vision and disciplined approach to growth has made it one of the largest airlines in the world,” said Boeing Commercial Airplanes President and CEO Jim Albaugh. “This agreement will provide American Airlines with the most capable airplanes in the narrowbody marketplace and continue to deliver industry leading economics. Demand for the 737 remains very strong from customers around the world and we have deliberately retained delivery positions to meet the fleet requirements for all our valued customers.”

Today’s operators fly Next-Generation 737s that are 5 percent more fuel efficient than the first airplanes delivered in 1998. Certification of additional improvements is underway which will be included in airplanes delivered later this year.
Pending final configuration of the new 737 variant and board of directors approval, Boeing will take another giant step forward in improving the operating economics of this already market-leading airplane.

To date, the Next-Generation 737 family has won orders for more than 5,700 airplanes and Boeing has delivered more than 3,700.

LE BOURGET, France, June 23, 2011 /PRNewswire/ — Boeing’s new aircraft and innovative technologies attracted thousands of customers, partners, government officials and media at the 2011 Paris Air Show.

“The excitement and enthusiasm for the products and technologies Boeing showcased at the show have validated our belief in the strength of what is the world’s newest and most innovative family of commercial airplanes,” said Charlie Miller, vice president, International Communications. “We also highlighted the breadth and depth of our defense business and we met with literally thousands of our key customers, partners and suppliers.”

The show saw the international debut of Boeing’s newest commercial aircraft models – the 747-8 Intercontinental and 747-8 Freighter – together with the appearance of the innovative 787 Dreamliner.

The new 747-8 Freighter flew to Le Bourget with all four engines powered by a fuel blend containing 15 percent camelina-based biofuel, achieving the world’s first transatlantic crossing of a commercial jetliner with biofuels.

And Boeing and American Airlines announced that the airline will be the launch partner for the ecoDemonstrator Program, a Next-Generation 737-800 aircraft that will be used to flight test emerging technologies and accelerate their market readiness.

Other Boeing highlights at the show included the presence of an Air Berlin 737-700 with the new Boeing Sky Interior; a Qatar Airways Boeing 777-200LR, the world’s longest-range passenger jetliner; a C-17 Globemaster III military airlifter; an F-15E Strike Eagle multi-role fighter jet, and a CH-47F Chinook heavy-lift helicopter.

As evidence of the market’s continuing recovery, airline and leasing company customers announced orders and commitments for 142 airplanes representing models from across the Boeing family – Next-Generation 737, 767, 777, 787 and the 747-8. Combined, the orders and commitments are valued at more than $22 billion – a powerful validation of the demand for Boeing’s fuel-efficient and market-leading products.

LE BOURGET, France, June 22, 2011 /PRNewswire/ — Boeing (NYSE: BA) and UTair Aviation, Russia announced an agreement today at the Paris Air Show for the purchase of 40 Next-Generation Boeing 737 airplanes, comprised of seven 737-900ERs and 33 737-800s.
UTair is one of the largest Boeing operators in Russia with a fleet of over 30 Boeing airplanes. In 2011, UTair became the first operator in Russia and Eastern Europe to fly new Boeing 737-800s with the enhanced Boeing Sky Interior. By the end of this year, UTair will increase its Boeing 737-800 fleet to nine airplanes.

“Our decision to further expand our Next-Generation Boeing 737 fleet is based on its high efficiency,” said Andrey Martirosov, UTair CEO. “These airplanes meet today’s commercial needs of the airline by their value-for-money and availability of early delivery positions”.
“UTair’s choice of the Next-Generation 737 shows its confidence in the Boeing single-aisle product family, which features incredible economics and operational capability,” said Marty Bentrott, vice president of Sales for Russia, Central Asia and Middle East, Boeing Commercial Airplanes. “We are very proud of our relationship with the new Next-Generation 737 operator.”

Boeing’s 737 Next-Generation airplanes will help UTair deliver an unmatched level of service for passengers and dramatically reduce operating costs, fuel costs and environmental impact.

Boeing looks forward to finalizing the agreement with UTair.

HONG KONG, March 9, 2011 /PRNewswire/ — The Boeing Company (NYSE: BA) and Cathay Pacific Airways today announced the Hong Kong-based carrier ordered 10 Boeing 777-300ER (extended range) airplanes valued at $2.8 billion at list price.

Cathay Pacific first announced its selection of the 777-300ER for its fleet requirements in 2005. With this order, Cathay Pacific will increase its Boeing 777-300ER planned fleet from 36 to 46 (including 4 leased). It’s the fifth increase in its acquisition plans for the long-range jetliner.

“Cathay Pacific is a world-class carrier and a valued long-time partner. It has made the 777-300ER the foundation of its significant fleet enhancement for long-haul routes,” said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. “The 777-300ER will as always provide superior operating efficiency, economics and reliability, as well as a very comfortable cabin experience for the passenger.”

Cathay Pacific uses the Boeing 777-300ER as the backbone for its ultra-long-haul and long-haul fleet, mainly serving destinations in North America and Europe.

“The Asia Pacific region is the world’s fastest growing aviation market and Cathay Pacific is well positioned in Hong Kong to take advantage of this blooming market to grow our business,” said Cathay Pacific Chief Executive Officer Tony Tyler. “Our newest 777 order highlights our continued commitment to developing Hong Kong’s role as one of the world’s leading international aviation hubs. As we continue to expand our fleet, the 777-300ER will play a crucial role in our operations in the years to come.”

The Boeing 777 family is the world’s most successful twin-engine, long-haul airplane. The 777-300ER extends the 777 family’s span of capabilities, bringing twin-engine efficiency and reliability to the long-range markets.

In additions to Boeing 777-300ER, Cathay Pacific operates 12 Boeing 777-300s, five 777-200s, 45 747-400s in both passenger and cargo versions. The airline also has ordered 10 Boeing 747-8 Freighters.

More than 60 customers around the world have ordered nearly 1,200 777s.

34 new aircraft will be used for fleet renewal and expansion to meet the growing demand expected over the next 20 years

TAM Airlines is Latin America’s first client for the Airbus A320neo and has also expanded its contract with Boeing with two more B777-300ERs

São Paulo, February 28, 2011 –- TAM Airlines has announced the order of 32 aircraft from the Airbus A320 Family and two new Boeing 777-300ER aircraft. The airline will use the new aircraft to renew and expand the fleet, which will strengthen its operations in both the domestic Brazilian and international markets. With this order, the company is preparing to meet the growing demand for air travel, while maintaining the high level of services offered to its customers.

The combined value of the new orders, based on list prices, is approximately US$ 3.2 billion.

Of the 32 aircraft ordered from Airbus, 22 are new model A320neo and ten are from the A320 family. The aircraft will be delivered between 2016 and 2018. The engine option will be announced at a later date.

TAM is the first client in Latin America, and one of the first airlines in the world, for the A320neo aircraft. The new Airbus model has more efficient engines and an aerodynamic component located on each wingtip called Sharklets. These innovations result in significant savings in fuel consumption of up to 15%, which represents an annual reduction in carbon dioxide (CO2) emissions of up to 3,600 tons per aircraft. The A320neo also offers two-digit reduction in nitrogen oxides (NOx) emissions and considerable reduction in engine noise. The structure of the new aircraft will have more than 95% in common with the current products of the line, but will offer up to 950 km in additional range or two tons in additional payload capacity.

TAM already has four Boeing 777-300ERs in its fleet. The two new aircraft will be delivered in 2014. The company had already ordered four aircraft to be delivered in 2012 and two in 2013. In 2014, TAM will have 12 Boeing 777-300ERs aircraft in its fleet.

With a spacious cabin and capacity to transport 362 passengers in three service classes, the B777-300ER is one of the world’s most efficient two-engine commercial jets. The model produces 22% less carbon dioxide per seat and its operational cost per seat is 20% lower. The B777-300ER’s maximum range is 14,685 km.

“The new aircraft manufactured by Airbus and Boeing will help us lower fuel consumption and gas emissions, making our operations increasingly more efficient and maintaining the company’s high safety levels. This will translate into cost savings for our clients and increase the level of respect for the environment,” said Líbano Barroso, CEO of TAM Airlines.

Robust market: TAM’s fleet has an average age of between 6 and 7 years, one of the youngest in the world, and is equipped with the best and most advanced equipment and software options offered by the manufacturers. The fleet is currently composed of 152 aircraft, of which 140 are Airbus models (26 A319s, 86 A320s, 8 A321s, 18 A330s and 2 A340s), seven are Boeing models (4 B777-300ERs and 3 B767-300s) and five ATR-42s used by Pantanal. The company’s fleet plan is to end the year with 156 aircraft, reaching 182 aircraft by the end of 2015.

TAM is already preparing for the years after 2015, given the growing demand for air travel, both domestic and international, which is expected to continue to register strong growth. Studies indicate that demand should continue growing over the next 20 years at an average annual rate of 9%, driven by both leisure and business travels.

In 2010, the demand for domestic Brazilian flights increased by 23.5%, according to the Brazilian National Civil Aviation Agency (ANAC). TAM estimates that in 2011, demand for commercial flights in the Brazilian market will grow by between 15% and 18%.

“This year we will continue to optimize our costs by efficiently using our fleet in the Brazilian market, with supply growing from 10% to 14%. And in the international market our seat availability will grow by 10% with the launch of two new routes or frequencies,” adds Barroso.

Marco Antonio Bologna, TAM S.A. CEO, says the US$ 3,2 billion investment in new aircraft is another example of the belief the group has in the continuation of the current Brazilian economic growth cycle and in the country’s infrastructure solutions, fundamental for the sustainable air transport expansion. “TAM, as an aviation multi business group, is well positioned to contribute with the relevant investments in the sector,” says Bologna.