Boeing Gets $1.1B Order From Air China

Boeing said Air China plans to order four 777-300ERs valued at $1.1 billion.
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SEATTLE (

TheStreet

) --

Boeing

(BA) - Get Report

said

Air China

plans to order four 777-300ERs (extended range), which have a total price value of $1.1 billion.

Air China plans to use the airplanes to expand its international routes.

"The 777-300ER will be the backbone of our long-haul international fleet," said Fan Cheng, vice president of Air China, in a statement. "The airplane's high-efficiency and performance features will enable Air China to launch more direct long-haul routes to meet the increasing demand of our passengers."

-- Written by Joseph Woelfel

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