Singapore Airlines places USD13.8bn orders for Boeing aircraft

Singapore Airlines (SIA) has signed a letter of intent with Boeing comprising firm orders for 20 777-9s and 19 787-10s, plus six options for each aircraft type, which if exercised will enlarge the deal to as many as 51 aircraft,.

The 777-9s are due for delivery from the 2021/22 financial year and the 787-10s for delivery from the 2020/21 financial year. The proposed order, which is valued at USD13.8bn, based on published list prices, includes flexibility for the SIA Group to substitute the 787-10 orders for other variants of the 787 family.

SIA is a longstanding Boeing customer with more than 50 current-generation 777 aircraft in service. Subsidiaries SilkAir, Scoot and SIA Cargo are also operators of Boeing aircraft, with 737-800s, 787-8/9s and 747-400 Freighters in service, respectively.

This is the SIA group´s first order for the newest 777 variant that is currently under development, the 777-9. SIA is already the launch customer for the 787-10, which is also currently in development, having placed an initial order in 2013 for 30 aircraft for delivery from the 2018/19 financial year.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

Singapore Airlines is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling, and related activities.