Wed, Jan 25, 2012
Airline Announces Order For Eight 777-300ERs
Two 777-300ER airplanes have been delivered to Saudi Arabian
Airlines from Boeing, which the planemaker says marks a significant
milestone in its long-standing relationship with the Kingdom of
Saudi Arabia. At the delivery ceremony, Saudi Arabian Airlines also
announced an order for eight 777-300ERs valued at $2.4 billion at
current list prices. This order was previously accounted for on
Boeing's Orders and Deliveries website in 2011.
"The new order reiterates our confidence in the 777 which has
justifiably earned a reputation for its improved fuel efficiency,
reliability and passenger comfort," said H.E. Eng. Khaled
Al-Mulhim, director general of Saudi Arabian Airlines. "With the
ongoing growth of business and industry in Saudi Arabia, demand in
domestic, regional and international travel is also increasing
rapidly and the 777-300ER will play a significant role in our
long-term strategy growth to expand and modernize our fleet with
newer, more fuel-efficient airplanes."
The partnership between Boeing and Saudi Arabia dates back to
1945 when President Franklin D. Roosevelt presented a DC-3 Dakota
airplane to King Abdulaziz Al-Saud, the founder of the Kingdom.
Saudi Arabian Airlines took delivery of its first 777, a 777-200ER,
in December 1997 and currently owns and operates 23 Boeing
777-200ERs.
"We are grateful for the confidence Saudi Arabian Airlines has
placed in the 777 and in Boeing," said Jim Albaugh, president and
CEO, Boeing Commercial Airplanes. "We will continue working closely
with the airline to provide the best commercial aircraft and
services to support its plans for growth, and we look forward to
strengthening our partnership with Saudi Arabia by supporting the
Kingdom's goals for technology development and education."
The 777-300ER extends the 777 family's span of capabilities,
bringing twin-engine efficiency and reliability to the long-range
market. The airplane carries passengers up to 7,930 nautical miles.
The 777-300ER offers airlines additional flexibility in serving the
nonstop routes, and Boeing says it incorporated several performance
enhancements for the 777-300ER, extending its range and payload
capabilities.
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