SWISS Finalizes $990M Deal for Three Boeing 777-300ER Aircraft

In a joint venture between Swiss International Air Lines (SWISS) and Boeing, a $990 million order was placed for three 777-300ERs. Known as an extended range aircraft, the 777-300ER is a twin-aisle aircraft with fuel and cost-effective capabilities. It can hold a total of 386 passengers and travel up to 7,825 nautical miles on a non-stop route. This is following another order between the two companies for six of these aircraft in 2013.

Todd Nelp, vice-president of sales at Boeing Commercial Airplanes European, stated, “SWISS's latest order for additional airplanes is a testament to the unrivalled economics of the 777-300ER as the carrier continues to renew its long-haul fleet. The 777-300ER is the perfect platform for SWISS to showcase its exceptional customer offering and remain at the forefront of international travel." SWISS will specifically utilize these aircraft for the flag-carrier’s long-haul fleet renewal program.

Swiss International Air Lines is part of the Lufthansa Group, which includes 49 countries, a fleet of 95 aircraft, and transportation of an average of 16 million passengers each year. Furthermore, Boeing 777-300ERs have shown growing demand within the aerospace industry. Cathay Pacific Airways recently ordered their 50^th aircraft from Boeing and plans to order three additional planes by this upcoming year. The 777-300ER took its first flight on October 1996. British Airways was first amongst many to fly the aircraft in 1997. By April 2011, Boeing received more than 48 orders. They predict to see further orders, locally and globally, in the near future.

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1. jacob luiz
2. Posted on May 15, 2015
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