Boeing Lands Up to 20 Dreamliner Order From Philippine Airlines
Philippine Airlines plans to order up to 20 Boeing 787 Dreamliners, its first direct Boeing order in nearly two decades, with deliveries starting in 2031.
Key Numbers
Boeing (NYSE: BA) announced it has secured an order from Philippine Airlines for up to 20 787 Dreamliner aircraft, marking the carrier's first direct Boeing order in nearly two decades. Deliveries are scheduled to begin in 2031.
Order Details
- Quantity: Up to 20 787 Dreamliners.
- Value: Not disclosed.
- Delivery: Starting in 2031.
The Product
The 787 Dreamliner is one of Boeing's most fuel-efficient aircraft, featuring a composite airframe that reduces weight and increases range. It is used by airlines for long-haul, non-stop flights.
Pricing and Availability
Boeing has not disclosed the official price, but the list price for a 787-9 is around $290 million. However, airlines typically receive significant discounts.
Competition
The 787 Dreamliner competes with the Airbus A330neo and A350. Previous Dreamliner orders have faced delays due to production and quality issues.
Potential Impact on Boeing
This order provides a boost to the 787 program, which has faced challenges in recent years. It also strengthens Boeing's presence in the growing Asia-Pacific market.
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