Boeing Receives Fresh Orders From China Airlines And Air Algérie

Boeing Co BA has received an order for eight 787-9 Dreamliners from China Airlines. The financial terms were not disclosed.

The latest order follows the airline's first-ever order for 16 787-9s announced last year. 

China Airlines also becomes the newest 787-10 customer as it converts six 787-9s to the 787-10, the largest member of the 787 family.

The order will add flexibility and capacity to the airlines’ regional network as passenger demand continues to rise above pre-pandemic levels.

Also Read: Boeing Records 43% Growth In May Deliveries

With the order, the carrier will introduce 24 super-efficient 787s over the next several years.

Also, Air Algérie has confirmed an order for eight 737-9 jets and a Memorandum of Understanding (MoU) for two 737-800 Boeing Converted Freighters (BCF) to meet increasing cargo demand in the region.

BA noted that 787 family is selling at the highest rate in its history, receiving more than 250 orders and commitments in the past six months.

Also Read: It's Official - Airbus Confirms 500 A320 Family Aircraft Order From IndiGo

Price Action: BA shares are trading higher by 0.23% at $220.50 in premarket on the last check Tuesday.

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