Boeing Gets 787 Orders Worth USD$3.5 Billion

Boeing has won orders from El Al and Qantas for 787 Dreamliners worth more than USD$3.5 billion at list prices.

Qantas's commitment to the 787 had been in doubt after it cancelled 35 orders for the 787-9 in 2012 amid financial losses. At the time, it kept 15 orders for smaller 787-8s for its Jetstar subsidiary. In August the mainline Australian carrier said it intended to use 787-9s as it overhauled its international fleet.

The Qantas order includes five 787-9s worth USD$1.3 billion, and conversion of three 787-8 orders to 787-9s.

El Al ordered nine 787s, including three firm orders for 787-9s. The order, valued at more than USD$2.2 billion, is the largest in the airline's history and keeps El Al an all-Boeing airline. El Al said it also intends to lease six more 787s as part of its plan to increase capacity.

The models for the rest of El Al's order are still to be determined.