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Posts Tagged ‘Boeing’

Boeing Delivers Two 777-300ERs to Saudi Arabian Airlines

January 24th, 2012 by Lucien Zeigler

Press Release – Boeing reached a major milestone with Saudi Arabian Airlines when it delivered the airline’s first two 777-300ERs (extended range), marking another step forward in Boeing’s historic and enduring relationship with the Kingdom of Saudi Arabia.

At the delivery ceremony, Saudi Arabian Airlines also announced an order for eight 777-300ERs valued at $2.4 billion at current list prices. This order was previously accounted for on Boeing’s Orders and Deliveries website in 2011.

“The new order reiterates our confidence in the 777 which has justifiably earned a reputation for its improved fuel efficiency, reliability and passenger comfort,” said H.E. Eng. Khaled Al-Mulhim, director general of Saudi Arabian Airlines. “With the ongoing growth of business and industry in Saudi Arabia, demand in domestic, regional and international travel is also increasing rapidly and the 777-300ER will play a significant role in our long-term strategy growth to expand and modernize our fleet with newer, more fuel-efficient airplanes.”

The partnership between Boeing and Saudi Arabia dates back to 1945 when President Franklin D. Roosevelt presented a DC-3 Dakota airplane to King Abdulaziz Al-Saud, the founder of the Kingdom. Saudi Arabian Airlines took delivery of its first 777, a 777-200ER, in December 1997 and currently owns and operates 23 Boeing 777-200ERs.

“We are grateful for the confidence Saudi Arabian Airlines has placed in the 777 and in Boeing,” said Jim Albaugh, president and CEO, Boeing Commercial Airplanes. “We will continue working closely with the airline to provide the best commercial aircraft and services to support its plans for growth, and we look forward to strengthening our partnership with Saudi Arabia by supporting the Kingdom’s goals for technology development and education.”

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 passengers up to 7,930 nautical miles (14,685 km).The 777-300ER offers airlines additional flexibility in serving the nonstop routes that passengers demand. Boeing incorporated several performance enhancements for the 777-300ER, extending its range and payload capabilities. Excellent performance during flight testing, combined with engine efficiency improvements and design changes that reduce drag and airplane weight, contributed to the increased capability.

Contact: Saffana MichaelBoeing Commercial Airplanes +9 7150-4590651Saffana.michael2@boeing.com

Boeing Statement on Saudi Arabia Purchase Agreement

December 29th, 2011 by Lucien Zeigler 1 Comment

CHICAGO, Dec. 29, 2011 /PRNewswire/ — Boeing Chairman, President and CEO Jim McNerney today welcomed the announcement by the Kingdom of Saudi Arabia that it has reached an agreement to purchase from the U.S. government 84 new Boeing F-15 fighter aircraft and to upgrade 70 of its existing F-15s.

“For Boeing, this agreement represents the continuation of an enduring partnership between the company and the Kingdom that dates back to 1945 when President Franklin D. Roosevelt presented a DC-3 Dakota airplane to King Abdulaziz Al-Saud, the founder of the Kingdom of Saudi Arabia,” said McNerney. “We appreciate the efforts of the Obama Administration and the trust ofKing Abdullah’s government in finalizing the agreement, which will support tens of thousands of American jobs and help the Kingdom enhance its defense capabilities and diversify its workforce.”

The Kingdom of Saudi Arabia is one of Boeing’s most valued customers operating a fleet of existing Boeing F-15s, Apache helicopters, AWACS, and special mission aircraft. “Boeing is privileged to support the important U.S./Saudi bi-lateral relationship, and we are pleased Saudi Arabia has chosen the proven, state of the art capabilities of our F-15 and rotorcraft platforms,” said McNerney. “Boeing views Saudi Arabia as a market with great potential and has made it a priority to invest inSaudi Arabia’s aviation industry while working to strengthen local technical and vocational training programs and institutions.”

The signing of the letter of offer and acceptance between the U.S. government and the Kingdom of Saudi Arabia on the F-15 is the last official step toward completing an overall sale announced in late 2010 for 84 new and 70 upgraded F-15s. The U.S. government has also offered the Kingdom of Saudi Arabia 70 new AH-64 Apache strike helicopters and 36 AH-6i helicopters, plus support and training. All the LOAs together will total approximately $24 billion in Boeing sales.

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