Boeing and Bamboo Airways Announce Order for 10 787 Dreamliners

SOURCE: Boeing

Deal marks a major widebody airplane purchase by the Vietnamese airline Super-efficient, long-range 787-9 to enable Bamboo to launch new international routes HANOI, Vietnam, Feb. 27, 2019 /PRNewswire/ — Boeing [NYSE: BA] and Bamboo Airways today confirmed an order for 10 787-9 Dreamliners valued at $3 billion according to list prices. The order for the super-efficient and longest-range member of the Dreamliner family was unveiled during a signing ceremony in Hanoi, witnessed by U.S. President Donald Trump and General Secretary and President of Vietnam Nguyen Phu Trong. “We are excited to be adding the new 787 Dreamliner to our growing fleet,” said Mr. Trinh Van Quyet, Chairman of FLC Group and owner of Bamboo Airways. “Our long-term vision is to connect Vietnam with key markets in Asia, Europe and North America and the Dreamliner will enable us to launch these long-haul operations. The 787’s superior operating economics and efficiency, as well as the passenger pleasing interior of the Dreamliner, will allow us to successfully grow our business while enabling us to better serve our customers.” This order was previously unidentified on Boeing’s Orders & Deliveries website. Bamboo Airways, a startup airline founded in 2017, began commercial operations in January, offering flights linking the capital of Hanoi and Ho Chi Minh City with cities in Vietnam. The airline plans on offering up to 40 domestic routes in 2019. Additionally, Bamboo is preparing to launch international service to Thailand, South Korea, Singapore, Japan, Taiwan and Australia, before broadening service to other destinations in Asia, Europe, and North America. “The 787 Dreamliner’s unmatched efficiency, range and flexibility make it the perfect airplane for Bamboo Airways to achieve its long-range ambitions. We are excited to advance the partnership between Boeing and Bamboo Airways and we look forward to helping them connect Asia with Europe, North America and beyond,” said Kevin McAllister, president and CEO of Boeing Commercial Airplanes. The 787 Dreamliner family allows airlines to fly long ranges while reducing fuel costs by more than 20 percent compared to previous widebody jets. The Dreamliner’s superior efficiency and range have allowed airlines to open more than 210 new non-stops routes around the world since it entered service. At 63 meters (206 feet), the 787-9 can fly 290 passengers, in a typical two-class configuration, up to 7,635 nautical miles (14,140 kilometers). The airplane is 6 meters longer than the original Dreamliner and is capable of carrying more passengers and flying farther. The 787 Dreamliner is the fastest-selling widebody airplane in history with more than 1,400 orders from 75 customers since its launch. Nearly 800 Dreamliners have entered service around the world, helping airlines save 33 billion pounds of fuel. Bamboo Airways is wholly-owned by the FLC Group, a Vietnamese multi-industry company, focusing on aviation, real estate, resorts, farming, and golf. Contacts: Doan Thanh Huong Communications Deputy Manager Bamboo Airways +84 9046 31133 info@bambooairways.com Zoe Leong Regional Communications Boeing Commercial Airplanes +65 9658 3630 zoe.leong@boeing.com SOURCE Boeing

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Boeing, Bamboo Airways Announce Commitment for 20 787 Dreamliners Commitment marks first widebody airplanes for the Vietnamese startup airline WASHINGTON, June 25, 2018 /PRNewswire/ — Boeing (NYSE: BA) and Bamboo Airways today announced a commitment for 20 787-9 Dreamliners in deal that would be worth $5.6B at current list prices, when finalized. The announcement was made during a signing ceremony at the U.S. Chamber of Commerce office, witnessed by Vuong Dinh Hue, deputy prime minister of Vietnam, and Nazak Nikakhtar, Assistant Secretary for Industry and Analysis, U.S. Department of Commerce, International Trade Administration. As part of the agreement, Bamboo Airways completed the deposit requirement in mid-June to reserve the 20 airplanes, which are tentatively schedule to deliver from April 2020 through 2021. “We are excited to introduce these new 787 Dreamliners into our fleet as we prepare to launch long-haul operations to international markets,” said Mr Trinh Van Quyet, Chairman of FLC Group, 100% owner of Bamboo Airways. “Our long-term vision is to connect Vietnam to key markets within Asia, Europe and North America and the capabilities of these new state-of-the-art Dreamliners will help us achieve our goals. The 787’s superior economics and efficiency, as well as the passenger pleasing interior of the Dreamliner will allow us to successfully grow our business while enabling us to better serve our customers.” Bamboo Airways is a startup airline that plans to begin commercial operations in 2019 out of the capital city of Hanoi. The carrier plans to offer flights within Vietnam before expanding into other Northeast Asian markets such as China, Korea and Japan. “We are delighted to welcome Bamboo Airways to the Boeing family and we look forward to Bamboo joining the growing group of global airlines that fly the 787 Dreamliner,” said Mr Dinesh Keskar, senior vice president of Asia Pacific and India Sales, Boeing Commercial Airplanes. “We are confident that the 787 will help launch Bamboo’s long-haul operations and serve as the foundation of their success for many years to come.” The 787 Dreamliner is an all-new, super-efficient family of commercial airplanes. Since 2011, more than 690 Dreamliners have been delivered to operators, flying over 255 million people on more than 680 unique routes around the world, saving an estimated 25 billion pounds of fuel. At 20 feet (6 meters) longer than the 787-8, the 787-9 extends the family in capacity and range, flying more passengers and more cargo farther. The airplane can fly 290 passengers, in a typical two-class configuration, up to 7,635 nautical miles (14,140 km). Bamboo Airways is wholly-owned by the FLC Group, a Vietnamese multi-industry company, focusing on aviation, real estate, resorts, farming, and golf. Contacts: Phan Thi Phuong Thao Head of Marketing Bamboo Airways +1 202-790-4676 +84 915-718-617 thaoptp@bambooairways.com Kevin Yoo International Communications Boeing Commercial Airplanes +1 206-249-6372 kevin.k.yoo@boeing.com SOURCE Boeing http://boeing.mediaroom.com/2018-06-25-Boeing-Bamboo-Airways-Announce-Commitment-for-20-787-Dreamliners]]>