Boeing, Hawaiian Airlines finalise deal on 787s

Image
Reuters FARNBOROUGH, England
Last Updated : Jul 19 2018 | 5:25 PM IST

By Eric M. Johnson

FARNBOROUGH, England (Reuters) - Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series.

The firm order, valued at $2.82 billion at list prices and announced during the Farnborough Air Show in southern England, confirms an order commitment announced in March.

The firm order for 10 787s will be added to Boeing's order backlog, while the 10 purchase rights will remain as commitments.

The Honolulu-based carrier, Hawaii's largest, dropped an earlier order for Airbus A330neos to go with the Boeing series. The first Boeing 787s are expected to arrive in 2021, the companies said in March.

The 787-9 model is the longest-range Dreamliner and Hawaii said the aircraft allows it to offer new destinations to Asia, one of the hottest air travel markets.

(Reporting by Eric M. Johnson; editing by Jason Neely and Adrian Croft)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 19 2018 | 5:10 PM IST

Next Story