Boeing, China Eastern Airlines order 15 787-9 Dreamliners

Boeing (NYSE: BA) and China Eastern Airlines have finalized an order for 15 787-9 Dreamliners, the company said.

The order is valued at nearly USD4 billion at current list prices.

China Eastern plans to operate the new 787-9s on routes between China, North America and Europe, bolstering its competitiveness in the international long-haul market.

With growing air traffic demand, the carrier plans to increase frequencies on existing routes from Shanghai to Los Angeles, New York, San Francisco and Toronto, as well as their newly launched destination, Chicago. The routes are currently operated by the airline´s flagship 777-300ER airplane.

Headquartered in Shanghai, China Eastern Airlines is one of the three major airlines in mainland China. Flying a fleet of over 560 long-haul and short-haul airplanes with an average age of less than seven years, China Eastern serves nearly 100 million travelers annually and ranks the 7th largest carriers in the world in terms of passenger transportation volume.