Photo Credit: The Boeing Company
Posted on 05/31/2005 4:41:43 PM PDT by Righty_McRight
- Airline Is First to Exercise 787 Purchase Rights - Signs Contract for 10 Boeing 787s
ADDIS ABABA, Ethiopia, May 31 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA - News) and Ethiopian Airlines today said the airline has increased its firm orders for the 787 Dreamliner to 10 airplanes by exercising purchase rights obtained with its initial order announced Feb 4. The airline is the first 787 customer to exercise purchase rights or options for the rapidly selling new Boeing jetliner.
Ethiopian Airlines and Boeing also said they have completed the contract for the airline's 10 Dreamliners, valued at US$1.6 billion at list prices.
"Having been the first to bring jet service to the African continent, Ethiopian Airlines is excited to once again be the first by launching operations in Africa with this revolutionary airplane," Ethiopian Airlines CEO Ato Girma Wake said. "The 787, represents the future-one in which Ethiopian Airlines will play a major part-and we view this airplane to be a cutting-edge solution to bolster our passenger service, improve our efficiencies and add to the airline's bottom line."
Ethiopian Airlines moved quickly to secure its five additional delivery positions for the 787 following a series of recent order announcements for the airplane, which is essentially sold out for its first three years of production. Its first 787 is scheduled for delivery to its Addis Ababa home base in 2008.
"The market appeal for the 787 continues to grow," said Alan Mulally, president and CEO of Boeing Commercial Airplanes. "We're proud to strengthen our long-standing partnership with Ethiopian Airlines through the 787, which will help airlines all over the world operate profitably while flying people directly where they want to go, with exceptional comfort and with unmatched economic efficiency."
Ethiopian Airlines will be the first Africa-based operator of the technologically advanced and rapidly selling jet and one of the first anywhere to receive the Dreamliner.
Developed as an entirely new airplane and incorporating composite technology that lends to operating efficiencies and performance characteristics exceeding conventional airframes, Boeing's 787 continues to gain ground with airlines worldwide.
Boeing now has 266 orders and commitments from 21 customers for the 787. The Ethiopian Airlines order will be booked on Boeing's Orders and Deliveries Web site pending final documentation of U.S. Ex-Im Bank guarantees.
Boeing's partnership with Ethiopian Airlines dates back some 50 years. Today, it operates an all-Boeing fleet of 737 and 767 airplanes.
Photo(s) and caption(s) are available with this release on http://boeingmedia.com .
-------------------------------------------------------------------------------- Source: Boeing Co.
I want to get over there too, and to Eritrea. Know a few folks from there, wonderful people, great culture. Also want to get to Mali and see the Dogon temples.
Why?
Thanks for the input but I rather go for myself and see the country.
http://exodus2006.com/Axumpics.htm
I need another job to fund this trip :o)
Ford made a Starliner (hardtop 2 door coupe), a Skyliner (retractable hardtop convertible), but I don't think they ever had a Dreamliner.
You are from Wisconsin, the only culture up there is in the cheese. That and very friendly obese women.
Visiting a foreign culture is good, and Ethiopian Airlines has always been a good carrier, with a good record.
"Boeing (NYSE: BA - News) and Ethiopian Airlines today said the airline has increased its firm orders for the 787 Dreamliner to 10 airplanes by exercising purchase rights obtained with its initial order announced Feb 4. The airline is the first 787 customer to exercise purchase rights or options for the rapidly selling new Boeing jetliner."VERY GOOD U.S.A.AMERICA VERY GOOD thank you
Seattle has a large Ethiopian population. You can get injera and yemisir Wot practically on every corner, like Starbucks. ;-)
"I hope your boss's home has 20 foot high surrounding walls and is called a compound."
I recall the walls, and the compounds. Mostly wealthy Italians, presumably left over from WWII, live in the compounds. The walls have broken glass bottles cemented at the top.
Somewhere I have a picture of the Ethiopian Emperor visiting us in Asmara.
I'd love to go back.
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