Boeing Announces Contracts for 11 787 Dreamliners and 50 Next-Generation 737s with TUI Group

Boeing Announces Contracts for 11 787 Dreamliners and 50 Next-Generation 737s with TUI Group

Boeing [NYSE: BA] today announced orders for 11 787-8 Dreamliners and 50 Next-Generation 737s with TUI Group, Europe’s largest integrated-tourism company. The orders were previously recorded on Boeing’s Orders and Deliveries Web site as unidentified. The value of the orders is approximately $4.7 billion at list prices. Two of the airplanes have since been delivered and identified.

New-technology benefits such as lightweight composites and innovative engine technology will allow TUI Group airlines to implement ongoing efficiency improvements.

“The 787’s unprecedented environmental performance will make it an incredibly valuable asset as we look to reduce our carbon output,” said Dr. Michael Frenzel, chairman of the TUI AG board. “The 787 will offer a 20 percent reduction in emissions and has a 60 percent smaller noise footprint for our airport communities. It is the green airplane we need for greener operations.”

TUI Group has not announced an engine supplier for its 787s. TUI Group plans to put the airplanes into service with Arkefly in The Netherlands, Belgium-based Jetairfly, Thomsonfly of the United Kingdom, Germany-based TUIfly and the Scandinavian operator TUIfly Nordic. All TUI Group airlines will leverage the 787’s breakthrough economics, passenger appeal and environmental efficiency to continue and expand services within Europe and to Asia and North America.

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