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Paris Air Show Boeing orders: GECAS, Malaysia Airlines, Aeroflot, Norwegian Air Shuttle and MIAT Mongolian Airlines



Boeing Statement on GECAS Agreement for 747-8 Freighters and 777-300ERs .

LE BOURGET, France, June 21, 2011 /PRNewswire/ -- Boeing (NYSE: BA) announced an agreement today at the Paris Air Show that GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), will purchase two 747-8 Freighters and eight 777-300ERs (extended range). The 747-8 Freighter is a new model for the GECAS portfolio of airplanes.

Boeing looks forward to finalizing the details of the agreement, at which time the order will be posted to the Boeing Orders & Deliveries website.

"We are pleased to announce GECAS' intent to purchase two 747-8 Freighters and eight 777-300ERs from Boeing," said Norman C.T. Liu, president and CEO of GECAS. "The addition of these 777s complements the order we placed last March for ten 777 widebodies, and will help GECAS meet growing airline demand for long-haul passenger airplanes. The two 747-8 Freighters will broaden our cargo portfolio with a high demand freighter that has a well-established operator base."

"GECAS has played an important role in the success of the 777, giving Boeing valuable feedback about the airplane's performance, economics and demonstrating support for its value proposition over the years," said President and CEO Jim Albaugh, Boeing Commercial Airplanes. "With this agreement, we look forward to having GECAS play the same critical role in the 747-8 Freighter's success."

The 747-8 Freighter is the new high-capacity 747 that will give cargo operators the lowest operating costs and best economics of any freighter airplane while providing enhanced environmental performance. It is 250 feet, 2 inches (76.3 m) long, which is 18 feet and 4 inches (5.6 m) longer than the 747-400 Freighter. The stretch provides customers with 16 percent more revenue cargo volume compared to its predecessor. That translates to four additional main-deck pallets and three additional lower-hold pallets. The 747-8 Freighters will be powered with GE's GEnx-2B engines.

The Boeing 777 is the world's most successful twin-engine, long-haul airplane. 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 365 passengers up to 7,930 nautical miles (14,685 km). The 777-300ERs will be equipped with GE90-115B engines.

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Boeing, Malaysia Airlines Announce Order for 10 Additional 737s

LE BOURGET, France, June 21, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and Kuala Lumpur-based Malaysia Airlines today announced the airline has exercised an option to purchase 10 additional Next-Generation 737-800s. The order is valued at more than $800 million at current list prices. The airline still has purchase rights for an additional 10 Next-Generation 737-800s remaining from their initial 2008 contract.

Today's announcement was made at the Paris Air Show by Boeing Commercial Airplanes Vice President of Sales & Marketing Marlin Dailey and Malaysia Airlines Managing Director & Chief Executive Officer, Tengku Dato' Sri Azmil Zahruddin Raja Abdul Aziz. His Excellency Tan Sri Abdul Aziz Zainal, the Malaysian Ambassador to France, was also in Paris for the signing ceremony.

"Today we celebrate Malaysia Airlines as key member of the Next-Generation 737 family of operators and we welcome this occasion to strengthen our long-term relationship with a valued partner," Dailey said. "The selection of the Next-Generation 737 to support the airline's strategic fleet modernization plan reinforces the superior economics of the most fuel efficient single-aisle airplane operating in today's market."

Malaysia's 737s are the first in Asia to sport the passenger-pleasing Boeing Sky Interior and are fitted with Blended Winglets, which improve fuel efficiency by up to four percent, increase flying range, and reduce CO2 emissions and takeoff noise.

"The option we exercised today marks another step in Malaysia Airlines' mission to strengthen and build upon the airline's award-winning service and passenger value, efforts that support the company's business transformation strategy to profitable operation," said Tengku Azmil. "Boeing's Next-Generation 737, with its economic advantages, including unmatched fuel efficiency, is the right airplane to support our business and our customers."

The digitally designed Next-Generation 737 is the most technologically advanced airplane family in the single-aisle market. The 737-800, which can seat up to 189 passengers, is 771 kilograms (1,700 pounds) lighter, can fly 583 kilometers (315 nautical miles) farther while carrying 12 more passengers than the competing model.

Malaysia Airlines, with a 64-year history as the national carrier of Malaysia, operates a mixed fleet of short- and long-haul airplanes, including 747 passenger and freighter, 777, 737-800s and Classic 737 airplanes. The airline flies nearly 45,000 passengers daily to more than 100 destinations worldwide.

The order was previously posted on the Boeing Orders and Deliveries Web site, attributed to an unidentified customer.

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Boeing, Aeroflot Announce Order for Eight 777s

LE BOURGET, France, June 21, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and Aeroflot Russian Airlines today announced an order at the Paris Air Show for eight Boeing 777-300ERs (extended range) jetliners.

"The Boeing 777 will strengthen our long-haul capabilities," said Vitaly Saveliev, director general of Aeroflot Russian Airlines. "These airplanes will play a critical role in our network expansion strategy, particularly the international growth opportunities we expect from our joint businesses with SkyTeam partners when servicing the Sochi 2014 Olympic Games and the 2018 Football World Cup."

"Aeroflot is expanding the strategic capabilities of its long-haul fleet," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "We're very grateful for the confidence Aeroflot has placed in Boeing -- and in the 777."

The Boeing 777 is the world's most successful twin-engine, long-haul airplane, distinguished by its fuel-efficiency, spacious cabin interior, range capability, commonality with the 767 and the 787, and its reliability. Featuring wider seats, wider aisles, more headroom and more seating, the Boeing 777 Signature Interior is preferred by passengers. For the fourth straight year, American Express Executive Travel Magazine readers voted the 777 as their favorite airplane.

Russia is an important supplier for the Boeing 777 family. VSMPO, a subsidiary of Rostechnologii State Corporation, manufactures large titanium forgings for landing gears, wings and pylon of the 777 jetliner. Russian engineers at the Moscow Boeing Design Center and IT experts from Russian software companies actively participated in designing the 777-300ER.

Aeroflot is the largest airline and the national carrier in Russia. Its overall flight network comprises 898 locations in 169 countries. In 2010, 11.3 million passengers used Aeroflot's services and about 14 million used the services offered by the Aeroflot group. Consisting of 107 airplanes, Aeroflot is a member of SkyTeam, the global airline alliance. To date, nine of 13 SkyTeam members have ordered a total of 171 777s.

The order was previously attributed to an unidentified customer on Boeing's Orders and Deliveries website.

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Boeing, Norwegian Air Shuttle Announce Order for 15 Next-Generation 737-800s

LE BOURGET, France, June 21, 2011 /PRNewswire/ -- Boeing [NYSE: BA] and Norwegian Air Shuttle ASA, commercially branded 'Norwegian,' today announced an order for 15 Next-Generation 737-800 airplanes at the international 2011 Paris Air Show. The order, valued at $1.2 billion at list prices, brings the total number of 737-800s Norwegian has ordered direct from Boeing to 78.

The carrier also has finalized its contract to purchase three Boeing 787 Dreamliners, an agreement the Oslo based operator announced in May, which brings the total number of Boeing 787s it will operate to five including two to be leased from ILFC.

The order announcement was made at the Paris Air Show by Boeing Commercial Airplanes Vice President of Sales & Marketing Marlin Dailey and Norwegian Air Shuttle CEO Bjorn Kjos.

"Norwegian continues to be a leader in the industry by providing its passengers with both the new Boeing Sky Interior and Wi-Fi on its new Boeing 737-800's – this is a terrific combination for passengers on the most fuel efficient single-aisle airline operating in today's market," Dailey said. "Norwegian has achieved great success and we take pride in the 737's contribution to its achievements."

"At Norwegian, we are committed to being progressive and thinking long term. This order gives us an opportunity to secure and invest in the company's future. These new Boeing 737-800s aircraft will give us a tremendous competitive advantage, enabling us to reduce our overall costs even more," said Norwegian's CEO Bjorn Kjos. "Brand new, fuel-efficient aircraft are necessary for us to continue to grow. In the long run, owning is more advantageous than leasing and as we begin to phase out our older aircraft, it is crucial we are able to purchase new airplanes. From an environmental perspective, we know that Boeing is continuously working on measures to reduce emissions, making new aircraft a win-win for both the environment, our passengers and for us as a company," he added.

The digitally designed Next-Generation 737 is the most technologically advanced airplane family in the single-aisle market. The 737-800, which can seat up to 189 passengers is 1,700 pounds (771 kg) lighter and can fly 315 nautical miles (583 km) farther while carrying 12 more passengers than the competing model.

Today's operators fly 737s that are 5 percent more fuel efficient than the first Next-Generation 737s and additional improvements are on the way. Boeing's performance improvement package will boost fuel efficiency by approximately 2 percent through aerodynamic and engine changes. The improvements to the airframe and engine are expected to be in service between mid-2011 and early 2012 and will be incorporated into the 15 aircraft ordered by Norwegian.

Norwegian is the third largest low-cost airline in Europe. It operates 238 routes to 97 destinations across Europe into North Africa and the Middle East. More than 13 million passengers flew with the airline in 2010.

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Boeing, MIAT Mongolian Airlines Announce Order for 737-800 and 767-300ER Jetliners

WASHINGTON, June 20, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and MIAT Mongolian Airlines have announced an order for two Next-Generation 737-800 airplanes and one 767-300ER (extended range) airplane. The order, valued at $245 million at list prices, marks the first time in more than two decades that MIAT Mongolian Airlines will extend its route network by purchasing Boeing airplanes instead of leasing them.

The agreement was signed by Kim Pastega, vice president and general manager of the 767 Program, Boeing Commercial Airplanes, and Orkhon Tseyen-Oidov, president and CEO of MIAT Mongolian Airlines, at the U.S. State Department in Washington, D.C., in the presence of Tsakhia Elbegdorj, President of Mongolia, and Gary Locke, the U.S. Secretary of Commerce.

"We are making a tremendous step forward with this order, and the Next-Generation 737-800 and 767-300ER airplanes are the ideal airplanes for us to expand our existing fleet to offer more scheduled and charter services from Mongolia to major cities in Asia and Europe," said Tseyen-Oidov. "The Next-Generation 737-800 has already proved to be a great success with us through its advanced technology and high operating efficiency, and we look forward to realizing the benefits of the 767-300ERs comfort, range and increased payload capabilities for our long-haul flights."

"MIAT Mongolia Airlines' choice of both the Next-Generation 737-800 and 767-300ER shows its confidence in the Boeing 150- to 300-seat product family, which features incredible economics and operational capability over competing jetliners," Pastega said. "We are committed to MIAT Mongolia Airlines' future success by delivering the best airplanes and providing superior service."

The latest members of the Boeing 737 family — the 737-600/-700/-800/-900ER models — continue the 737's popularity and reliability in commercial jet transport. Boeing Flight Services will provide pilot and technician training for Mongolian Airlines' Next-Generation 737 and 767 crews.

The Boeing 767 family offers clean, quiet, fuel-efficient airplanes that provide maximum market versatility in the 200- to 300-seat market. The Boeing 767 family includes three passenger models — the 767-200ER, 767-300ER and 767-400ER — and a medium widebody freighter, which is based on the 767-300ER fuselage.

Headquartered at Chingis Khaan International Airport in the Mongolian capital of Ulaanbaatar, MIAT Mongolian Airlines is the country's national flag carrier. It has been operating for more than 55 years.

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