Boeing Gets 26 Orders

April 30, 2007
The latest requests for new jets come from New Delhi-based SpiceJet, Oak Hill Capital Partners and S7 Airlines of Russia.

Apr. 27 -- Boeing Co. has received orders for 26 more planes worth about $2.8 billion, the aerospace company and its customers announced Thursday.

Boeing has enjoyed a spate of orders this week -- 84 firm aircraft orders, plus 38 options and purchase rights since Monday.

Boeing said New Delhi-based SpiceJet ordered 10 of the short- to medium-range 737-800s, valued at more than $700 million at list prices. Airlines often negotiate discounts to the list price.

SpiceJet previously ordered 20 of the 737s.

"These aircraft are enabling us to add capacity on new and existing routes, and will continue to support SpiceJet's mission of being India's preferred low-cost airline," said Bhulo Kansagra, a director on SpiceJet's board.

Boeing also said Oak Hill Capital Partners, a private equity firm, ordered six Boeing 777 freighters, valued at about $1.4 billion at list prices.

Russia's S7 Airlines, formerly Sibir, said it ordered 10 of Boeing's 737-800s to expand its charter fleet. The company also said it has rights to purchase

10 more. The planes have a catalog price of about $700 million.

"This large contract with Boeing is a major event for us and allows us to look with optimism at resolving one of S7's most important tasks -- creating a new, modern fleet in the next seven years," company general director Vladislav Filyov said in a statement.

------

Recent Boeing orders

Boeing Co. commercial jet orders this week:

Aviation Capital Group , 15 737s, five 787 Dreamliners.

Virgin Atlantic Airways , 15 787s, plus options and purchase rights for 28 more.

Air Canada , 23 787s.

SpiceJet , 10 737-800s.

Oak Hill Partners , six 777 freighters.

S7 Airlines , 10 737s, plus purchase rights for 10 more.

Copyright (c) 2007, Tulsa World, Okla. Distributed by McClatchy-Tribune Business News. For reprints, email , call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

News stories provided by third parties are not edited by "Site Publication" staff. For suggestions and comments, please click the Contact link at the bottom of this page.