Two Customers Place Orders During Paris Air Show

LE BOURGET, France, June 20, 2011 /PRNewswire/ —
The Boeing Company [NYSE: BA] today announced orders and commitments for 17 747-8 Intercontinentals. Placed by two undisclosed customers, the combined deals are valued at $5.4 billion at list prices. One carrier has committed to 15 of the new passenger version of the 747-8 while another carrier placed an order for two.

“These orders for the 747-8 Intercontinental mark a major milestone for the program and demonstrate the market’s need for an airplane of its size and range,” said Jim Albaugh, president and CEO, Boeing Commercial Airplanes. “It will play a valuable role in further growing these carriers long-haul route networks.”

The orders bring the 747-8 Intercontinental total backlog to 50 firm aircraft, plus five from a commitment from Air China contingent on Chinese Government approval. It also brings the total 747-8 backlog, including 76 747-8 Freighters, to 126.

The new 747-8 Intercontinental carries 467 passengers in a three-class configuration. The airplane features a new wing design and an upgraded flight deck. The airplane interior incorporates features from the 787 Dreamliner including a new curved, upswept architecture that will give passengers a greater sense of space and comfort, while adding more room for personal belongings. The architecture will be accentuated by lighting technology that provides smooth transitions for a more restful flight.

Using 787-technology GEnx-2B engines, the airplane will be quieter, produce lower emissions and achieve better fuel economy than any competing jetliner. The 747-8 Intercontinental is more than 10 percent lighter per seat than the Airbus A380 and consumes 11 percent less fuel per passenger. That translates into a trip-cost reduction of 21 percent and a seat-mile cost reduction of more than 6 percent compared to the A380.

Air China To Become First Chinese Customer For Boeing’s Newest Jumbo Jet

HONG KONG, March 7, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Air China today signed an agreement for the purchase of five 747-8 Intercontinental jetliners. Air China is the first Chinese carrier to contract the passenger version of the new, fuel-efficient 747-8.
The agreement requires Chinese government approval, at which time it will be posted to the Boeing Orders & Deliveries website.
“Air China has been operating 747s since the 1980s,” said He Li, vice president of Air China. “The new, high capacity Boeing 747-8 Intercontinental will deliver exceptional economics and a great flying experience to our customers.”

Air China, the flag carrier of the People’s Republic of China, will use the airplanes to expand its international routes.

“The technologically advanced 747-8 Intercontinental will deliver improved operating economics, efficiency and environmental performance in support of Air China’s continued growth,” said Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes. “Air China has become one of the fastest growing airlines in the world and today is one of the world’s largest carriers. We’re proud to be part of their success and look forward to continuing our long and enduring partnership.”

The new 747-8 Intercontinental carries 467 passengers in a three-class configuration. The airplane features a new wing design and an upgraded flight deck. The airplane interior incorporates features from the 787 Dreamliner including a new curved, upswept architecture that will give passengers a greater sense of space and comfort, while adding more room for personal belongings. The architecture will be accentuated by lighting technology that provides smooth transitions for a more restful flight.

Using 787-technology GEnx-2B engines, the airplane will be quieter, produce lower emissions and achieve better fuel economy than any competing jetliner. It also increases cargo volume by 26 percent.