Boeing and Iran Air on December 11, 2016 announced an agreement for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9 Dramliners, valued at $16.6 billion at list prices.
Based on its Memorandum of Agreement (MOA) with Iran Air announced in June 2016, the contract was reached within the terms of the U.S. Government license issued to Boeing in September.
Cathay Pacific Airways (Hong Kong) and Boeing (Chicago) today announced the airline’s decision to become Asia’s first 777X customer with an order for 21 777-9X airplanes, as part of Cathay’s future long-haul fleet strategy. The order is valued at more than $7 billion at current list prices.
The 777X program was launched at the Dubai Airshow last month where it garnered a record 259 orders and commitments worth $95 billion at list prices. The 777X currently stands as the largest product launch in commercial jetliner history by value and is targeted for first delivery in 2020.
Advanced technology including a new composite wing, all-new engines and superior aerodynamics will result in the incredible fuel efficiency promised by the 777X family. The 777-9X, with 400 seats, will be the largest and most efficient twin-engine commercial jet in the world with the lowest operating cost per seat of any commercial airplane and no competitor in its market segment.
Hong Kong’s flag carrier operates 55 777s, including 38 777-300ERs and an all-Boeing freighter fleet that includes 13 747-8 Freighters.