– 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.

Agreement For Up To 24 Next-Generation 737-800s, Five 777-300ERs and Four 787-9 Dreamliners

LE BOURGET, France, June 20, 2011 /PRNewswire/ — Boeing (NYSE: BA) announced today at the Paris Air Show that Air Lease Corporation (ALC) will purchase up to 33 airplanes. The agreement calls for 14 firm orders and four options for Next-Generation 737-800s, as well as five 777-300ERs (Extended Range) and four 787-9 Dreamliners. ALC also agrees to exercise options on six airplanes from last year’s 60 737-800 order.

Boeing looks forward to finalizing the details of the agreement, at which time it will be posted to the Boeing Orders & Deliveries website.
“We continue to build the foundation of our growing commercial lease fleet with these Next-Generation 737s, 777-300ERs and 787 Dreamliners,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “These modern, fuel-efficient airplanes will provide our airline clients the capabilities to perform their missions in the most economical, reliable and environmentally responsible manner.”
The Next-Generation 737 family is the world’s best-selling airplane because of its ability to deliver outstanding, dependable operational and financial performance across the widest wide range of missions.

The 777-300ER extends the 777 family’s span of capabilities carrying 365 passengers up to 7,930 nautical miles (14,685 km). The 787-9 will seat 250-290 passengers, 16 percent more than the 787-8, with a range of 8,000 to 8,500 nautical miles (14,800 to 15,750 km).
“Air Lease Corporation’s management team has a proven track record in global airplane leasing,” said President and CEO Jim Albaugh, Boeing Commercial Airplanes. “This agreement demonstrates their disciplined approach to building a fleet of young, high-quality, high-demand airplanes. It is impressive how Air Lease Corporation has positioned itself for success since starting business early last year.”