Manufacturing Industry

Continental Airlines becomes first major US airline to order 7E7 - claim

Airline Industry Information, Dec 31, 2004

AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD

Continental Airlines has announced plans that are a part of the airline's growth, including plans to purchase ten Boeing 7E7 Dreamliner aircraft.

Continental and Boeing have reportedly signed an agreement calling for delivery of the 7E7-8s starting in 2009 and the order has been valued at USD1.3bn according to list prices. The two companies have said that they expect to formally complete the agreement early in 2005.

Continental is apparently the first major US airline to reveal plans to acquire 7E7, set to enter service in 2008.

Boeing has said that the agreement increases the number of customer-announced 7E7 orders to 122 since the programme launch in April 2004 and firm contracts are in placed for 56 aircraft.

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