Singapore Airlines Expands Fleet with US$13.8B Order for Boeing Aircraft

SIA has finalised their order for 20 new Boeing aircraft – 20 777-9s and 19 787-10s – at a signing event in the White House in Washington DC yesterday witnessed by the leaders of the two countries, President Donald Trump and Prime Minister Lee Hsien Loong.

The purchase agreement, valued at USD13.8 billion, comprises 39 firm orders and six options for each aircraft types. If exercised, the deal will enlarge to as many as 51 aircraft.

SIA CEO Goh Choon Phong was quoted saying that the new aircraft will allow SIA to expand their network and enable them to continue operating a modern and fuel-efficient fleet.

The 777-9s intended primarily for long-haul routes are due to be delivered in the 2021/2022 financial year while the 787-10s for medium-range routes are due for delivery from the 2020/2021 financial year. Next year, SIA is due to receive a delivery of the world’s first 787-10s from a 2013 order with Boeing for 30 aircrafts. SIA has more than 50 current-generation Boeing 777 aircraft in service.

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