Boeing, China Airlines Announce Order For Six 777s
TAIPEI, Taiwan, Dec. 21, 2012 /PRNewswire/ -- Boeing [NYSE: BA] and China Airlines today announced an order for six 777-300ERs (Extended Range) airplanes. The order is valued at approximately $2 billion at list prices. The new airplanes will become the first 777s to join China Airlines' fleet.
"The introduction of the 777-300ER into our fleet is another important step toward growing our global operations and enhancing our product offering," said Huang-Hsiang Sun, president of China Airlines. "The 777-300ER sets the standard for twin-aisle airplanes with improved reliability and airplane performance. Our new 777-300ER airplanes will feature new interiors that will enhance the flying experience for our passengers."
Taiwan's flag carrier is in the midst of renewing its long-haul fleet and plans to operate the new 777-300ERs on new transpacific flights between North America and Asia. The new airplanes will help the airline enhance its status as the largest airline in Taiwan and a leading global carrier.
"China Airlines has been a valued Boeing customer for more than 50 years and we are honored the airline has chosen the 777-300ER to expand its long-haul fleet," said Ray Conner, president and CEO of Boeing Commercial Airplanes. "The introduction of the new 777-300ERs will provide China Airlines with new state-of-the-art cabin interiors, while adding improved airplane performance and economics to its long haul fleet."
The Boeing 777 is the world's most successful twin-engine, long-haul airplane and it continues to be preferred by airlines around the world, setting a record of 200 airplane orders in 2011. It is 19 percent lighter than its closest competitor, produces 22 percent less carbon dioxide per seat and costs 20 percent less to operate per seat. China Airlines will configure its 777-300ERs to accommodate more than 350 passengers in a three-class configuration and has a maximum range of 7,825 nautical miles (14,490 km).Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
