Boeing, Singapore Airlines ink deal for 39 airplanes

Boeing (NYSE: BA) and Singapore Airlines (SIA) have formally announced a deal for 20 777-9s and 19 787-10s, the companies said.

The order, previously attributed to an unidentified customer, is worth USD 13.8 billion at current list prices.

The airline also has options for 12 additional aircraft, six of each aircraft type.

Singapore Airlines has more than 50 777s in service and is the launch customer of the 787-10, which is set to deliver in the first half of 2018. With a prior order for 30 787-10s, the airline now has 49 on order, making it the largest customer for this type.

A long-range airplane that´s efficient at any stage length, the 787-10 will serve the airline´s medium-range operations while partnering with the 777-9 for the carrier´s long-haul routes.

Its subsidiaries SilkAir, Scoot and SIA Cargo also operate Boeing airplanes with the 737 MAX 8 and 737-800, 787-8 and 787-9 Dreamliners and 747-400 Freighter types in service, respectively.

With more than 1,280 orders from 70 customers worldwide, the 787 Dreamliner family offers three modern and efficient airplanes that are optimized for markets ranging from 200 seats to over 350 seats. To date, more than 600 787s have entered commercial service. They have flown nearly 200 million people on more than 560 unique routes – including 156 new nonstop routes — while saving an estimated 19 billion pounds of fuel.