Thu, Sep 11, 2003
Boeing has confirmed
that Shanghai Airlines, the first Chinese local airline, based in
Shanghai has placed an order for five Boeing 757-200s valued at
approximately $410 million at list prices. The first three
airplanes are scheduled for delivery in first half of 2004,
followed by two more in spring 2005.
"We have found through our years of experience with the Boeing
757 that this airplane fits our market well, while providing great
cost-efficiency and reliability," said Zhou Chi, chairman of the
board and CEO of Shanghai Airlines. "Expansion of our 757 fleet
will meet Shanghai Airlines' future growth requirements very
effectively."
Established in 1985 in China's largest city, Shanghai Airlines
operates a fleet of 23 Boeing jetliners including 11
Next-Generation 737s, seven 757-200s and five 767-300s. The carrier
operates 54 domestic flight routes throughout China and five
regional services to neighboring countries and areas in Asia.
"Boeing is very proud of its long-time partnership with Shanghai
Airlines that dates back to its inception," said Larry Dickenson,
senior vice president, Sales - Boeing Commercial Airplanes. "We are
confident that these airplanes will make a very valuable
contribution to the success and future growth of Shanghai Airlines,
as well as the ever growing commercial aviation industry and
economy of China."
Boeing claims that the Boeing 757 is in a class by itself with
superior economics and airport performance. The 757 has the lowest
operating cost per seat-mile of any single-aisle jetliner in its
class and is the world's most efficient single-aisle airplane. More
than 1000 757 airplanes have been ordered by 55 customers around
the world, and 54 757s are in operation with five airlines in
China.
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