Thursday 16 February 2017

Singapore Airlines Has Options To Buy Six Additional Planes Of Both The Boeing Models, Potentially Taking The Total Order To 51 Aircraft, The Company Said.

9, 2017, 5:53 a.m. EST Singapore Airlines places $13.8 bln Boeing order Want to see how this story relates to your watchlist? Just add items to flights to new york city from glasgow create a watchlist now: or Cancel Already have a watchlist? Log In By Gaurav Raghuvanshi SINGAPORE--Singapore Airlines Ltd. (C6L.SG) ordered 39 Boeing Co. /quotes/zigman/220026/composite BA +0.21% jets to grow and modernize its fleet as it seeks to fly more fuel-efficient jets to compete with its international rivals. The order comprises 20 of the next-generation 777-9 model and 19 787-10s, the bigger version of the "Dreamliner" jets, the company said in a statement Thursday. The aircraft are valued at US$13.8 billion at their published catalog prices, though large airlines typically extract discounts of more than 30% on list prices. Singapore Airlines has options to buy six additional planes of both the Boeing models, potentially taking the total order to 51 aircraft, the company said. Both the models are currently under development. Singapore Airlines is one of the first customers for the new model of the Boeing 787 and will receive its first jet next year from a prior cheap flights to orlando florida from long beach order of 30 planes.

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