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Boeing: Aerom?xico Orders More 787-8 and 737-700's

Boeing : 14 November, 2006  (New Product)
MEXICO CITY, Nov. 14, 2006 -- The Boeing Company [NYSE: BA] and Aeroméxico, Mexico's largest airline, today announced the carrier ordered two more 787-8 Dreamliners and 10 more Next-Generation 737-700s.
This Dreamliner order brings to five the number of 787s Aeroméxico plans to acquire. In June the airline announced plans to lease three 787-8s from International Lease Finance Corp. (ILFC) with deliveries scheduled to begin in early 2010, making it the first Latin American airline to incorporate the mostly composite airplane into its fleet. The two new 787s are scheduled for delivery in 2011 while the 10 new 737-700s are scheduled to deliver in 2010. The 787 carries a list price of $148 million to $158 million; 737-700s have list prices of $54 million to $64 million. Both orders previously were attributed to an unidentified customer on the Boeing Commercial Airplanes Orders and Deliveries Web site.

Today's announcement follows Aeroméxico orders earlier this year for six Next-Generation 737s and the recent deliveries of two 777-200ERs on lease from ILFC. The twin-aisle 787s and 777s are part of Aeroméxico's continued fleet renewal plan and will be used on routes to Europe, South America and Asia, replacing Boeing 767s coming off of leases. The 777s and 787s will provide long-range, point-to-point capability and flexibility to respond to changing capacity demands.

'Aeroméxico's order announcement today reaffirms Boeing's market view that the future of civil aviation lies in providing reliable, economic transportation to passengers wanting to fly where they want to go, when they want to go-point to point,' said John Wojick, vice president-Sales, Latin America and the Caribbean, Boeing Commercial Airplanes. 'The scalability of the Boeing airplanes, from the Next-Generation 737, to the 787 Dreamliner and up to the 777, will provide Aeroméxico the flexibility to respond to these demands.'

'The speed and flight deck commonality of the 787 and the 777 will allow Aeroméxico to adjust its long-distance routes - such as between Mexico and Japan -- according to capacity demands, while the new 737s will continue to drive down costs with reduced fuel and maintenance costs,' said Andres Conesa, Aeroméxico chief executive officer.

To date, Boeing has received a total of 455 orders and commitments for the 787. Aeroméxico joins a growing team of 787 customers who have recognized the 787's exceptional value and superior operating performance.

The Boeing 787 Dreamliner is being designed with airlines, passengers, investors and the environment in mind. The technologically advanced airplane will use 20 percent less fuel per seat than today's airplanes of comparable size, will provide air carriers with significantly more cargo revenue capacity and will present passengers with innovations including a new interior environment with higher humidity, wider seats and aisles, larger windows and other conveniences.

Aeroméxico received its first 737-800 in September, making it the first Mexican Airline to operate the 737-800. Aeroméxico this year is scheduled to take delivery of nine Next-Generation 737s ordered previously, and the carrier also has ordered a total of 16 Next-Generation 737 airplanes in 2006.

All 16 of the 737s ordered this year will come with Blended Winglets - eight-foot-long wing tip extensions that reduce fuel consumption by approximately 4 percent and increase the aircraft's range. These performance-enhancing winglets improve the airplane's performance at hot, high-altitude airports like Mexico City, and help reduce engine maintenance costs by reducing engine wear. They also contribute to the airplane's excellent noise performance by lowering the engine thrust required at takeoff.
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