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Boeing news
release
Boeing and LOT Polish
Airlines Announce Order for Up to 14
787s
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WARSAW, Poland,
Sept. 7, 2005: Boeing [NYSE:BA] and LOT
Polish Airlines today reached an agreement for up
to 14 Boeing 787 Dreamliners, making LOT the first
global network carrier in Europe to operate the
world's newest and most technologically advanced
commercial jetliner.
LOT will purchase
seven 787-8s, take options on two and hold purchase
rights for five more 787s. Excluding options and
purchase rights, the order is worth approximately
$910 million at list prices. Deliveries begin in
2008.
"Replacing our
Boeing 767s with the all-new 787 allows us to lead
with new and innovative passenger-comfort features
on our North Atlantic operations and will be key in
opening new Asian destinations," said LOT President
and Chief Executive Marek Grabarek. "The 787 fits
perfectly with our cost-reduction and profitability
strategies."
Including LOT, 22
airlines have announced firm orders and commitments
for 263 Dreamliners since the airplane's launch in
April 2004. Three of those are Star Alliance
members: LOT, ANA and Air New Zealand.
The Dreamliner will
use 20 percent less fuel than today's comparable
airplanes while providing airlines up to 45 percent
more cargo revenue capacity.
Passengers will
notice a more spacious cabin, larger luggage bins
and larger windows. They also will benefit from
higher humidity levels and reduced dehydration, and
a reduced cabin altitude, which reduces flight
fatigue. The unique high-strength, non-corrosive
qualities of the 787's composite structure make
many of these new cabin features
possible.
"The 787's
compelling technical merits and economics allowed
LOT 's leadership to make the best decision for the
airline, and its passengers," said Marlin Dailey,
vice president of Sales for Europe and Central
Asia, Boeing Commercial Airplanes. " LOT will be
the first European airline to take delivery of the
787 as it continues its proud tradition of
innovation and market leadership operating the
newest, most advanced models."
The 787's range
will allow LOT to reach new destinations from
Warsaw, such as Los Angeles and Bangkok. LOT,
founded in 1929 and headquartered in Warsaw, today
serves 48 destinations worldwide.
The 787 family will
carry passengers on routes between 3,500 and 8,500
nautical miles (6,500 to 16,000 kilometers). It
allows airlines to offer more of what passengers
want: affordable, comfortable, nonstop service to
more destinations. The Dreamliner's first flight is
scheduled for 2007, with certification, delivery
and entry into service in 2008.
Contacts:
Samantha Solomon,
Brussels , + 32 473 372 747
Yvonne Leach,
Seattle , + 1 206 766-2903
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