Boeing Delivers First 787-9 Dreamliner for Royal Air Maroc

Larger and longer-range Dreamliner to help airline expand service to Europe, United States, Latin America
Morocco’s flag carrier unveils new interior and special livery on inaugural 787-9

SEATTLEDec. 11, 2018 /PRNewswire/ — Boeing [NYSE:BA] today delivered the first 787-9 Dreamliner for Royal Air Maroc, introducing a second member of the super-efficient Dreamliner family to the airline’s fleet. The new airplane offers more seats and more range, which will help Morocco’s flag carrier grow its international business.

“We are particularly pleased to receive today our airline’s first 787-9, which will soon be joined by three other models from the same family. The choice of this airplane forms part of our strategy to continuously expand and modernize our fleet, and comes just a few days after the announcement of the invitation made to Royal Air Maroc to join the highly prestigious Oneworld Alliance. This will further strengthen our country’s and Royal Air Maroc’s leadership position on the continent,” says Abdelhamid Addou, CEO and Chairman of Royal Air Maroc.

In 2015, the airline was the first in the Mediterranean to fly the 787-8, the initial Dreamliner that offered 20 percent less fuel and fewer emissions. With the airplane’s exceptional fuel efficiency and performance, Royal Air Maroc planned new, non-stop routes such as Casablanca to Washington, D.C and to Miami.

With the larger, longer-range 787-9, Royal Air Maroc will be able to accommodate about 30 additional passengers (for a total of 302) and fly several hundred miles farther (up to 7,635 nautical miles or 14,140 km). The airline plans to deploy the 787-9 on routes such as Casablanca to Paris (Orly), to New York and to Sao Paulo.

To celebrate its inaugural 787-9, Royal Air Maroc unveiled a special livery that honors contemporary Moroccan culture. The airline also debuted a new interior to enhance the flying experience. Passengers in business class will have three seat options, including ‘full flat’ and ‘full privacy’. All travelers will enjoy the Dreamliner’s larger windows, lower cabin altitude, smooth-ride technology, and other amenities.

“The Dreamliner is the perfect platform for Royal Air Maroc’s bold vision. The airline can now take advantage of the technology that is common across the 787-8 and 787-9, while tailoring its network based on market demand,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company.

“We have been proud partners with Royal Air Maroc for nearly 50 years, providing the airline with generations of advanced jetliners, and helping Morocco harness a homegrown aerospace sector to sustain long-term growth.”

Later this month, Royal Air Maroc will begin modernizing its single-aisle fleet when it takes delivery of its first 737 MAX, the latest and more efficient version of the 737 airplane. The jet will join a fleet of more than 60 Boeing airplanes.

The carrier also uses Boeing Global Services to enhance its operations through offerings such as Software Distribution Manager, a cloud-based solution that ensures operational data flows securely to and from the airplane while it is on the ground.

Boeing’s relationship with Morocco goes beyond airplanes and services. The company has supported the development of the kingdom’s aviation industry through partnerships such as a joint venture named MATIS Aerospace that specializes in producing wire bundles and wire harnesses for new airplanes. Boeing is also helping to educate local youth through partnerships with EFE-Morocco and the INJAZ Al-Maghrib association.

More about the 787 Dreamliner

The 787 Dreamliner is the fastest-selling widebody airplane in history with about 1,400 orders from 74 customers since its launch. More than 750 of Dreamliners have entered service around the world, helping airlines open 210 new, non-stop routes and saving more than 30 billion pounds of fuel.

Contact:
Caroline Tourrier
Boeing Commercial Airplanes Communications
+33-1-70-37-07-07 (Paris)
Caroline.L.Tourrier@boeing.com

SOURCE :Boeing Website

#TerçaDetremuraSDV Boeing Board Raises Dividend 20 Percent, Increases Share Repurchase Authorization to $20 Billion

CHICAGODec. 17, 2018 /PRNewswire/ — The Boeing Company (NYSE: BA) Board of Directors today declared the company’s quarterly dividend will increase 20 percent to $2.055 per share. The board also replaced the existing share repurchase program with a new $20 billion authorization, up from the $18 billion approved last December.

“Boeing continues to see significant opportunities in the markets we serve, and we have confidence in the power of our One Boeing strategy to execute and win on all fronts,” said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg. “Boeing’s strong operational performance, financial health and positive future outlook underpin our continued investments in our people and our workplace, in innovative products and services, and in select strategic acquisitions and partnerships that accelerate our growth strategy.”

Boeing remains focused and on track with its balanced, value-creating cash deployment strategy.

“The strength of our business and our confidence in the sustainable long-term outlook are powering investments in productivity, innovation and growth, while delivering on our commitment to return cash to shareholders,” said Greg Smith, Boeing chief financial officer and executive vice president of Enterprise Performance & Strategy.

With the latest increase to the dividend Boeing has increased its dividend nearly 325 percent over the past six years and repurchased more than 230 million shares over the same time period. The company has consistently paid dividends to shareholders for more than 80 years. The new dividend will be payable March 1, 2019, to shareholders of record as of Feb. 8, 2019.

This year, the company repurchased $9 billion worth of its shares from the $18 billion authorization approved in December 2017.

Share repurchase activity has finished for 2018. The timing and volume of repurchases are at the discretion of Boeing management, however the company currently expects that repurchases under the new share authorization will resume in January 2019 and be made over the next 24 months.

Forward-Looking Information Is Subject to Risk and Uncertainty 
Certain statements in this release may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “forecasts,” “projects,” “plans,” “believes,” “estimates,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual events to differ materially from these forward-looking statements, including economic conditions in the United States and globally, general industry conditions as they may impact us or our customers, and other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.

Forward-looking statements speak only as of the date they are made and we undertake no obligation to update or revise any such statement, except as required by law.

Contact:

Investor Relations:  (312) 544-2140
Communications:    (312) 544-2002

SOURCE: Boeing Website

Boeing, United Airlines Announce Order for Nine 787-9 Dreamliners

New order sends Boeing’s 787 net orders above 100 this year, just shy of 1,400 for the program
U.S. carrier also announces plans to expand transcontinental service with the new, larger 787-10

SEATTLEOct. 1, 2018 /PRNewswire/ — Boeing [NYSE:BA] and United Airlines today announced the carrier is expanding its 787 Dreamliner fleet again with a new order for nine 787-9 airplanes, the longest-range member of the super-efficient Dreamliner family. The deal is valued at $2.53 billion according to list prices.

United Airlines says the order reflects its fleet strategy of replacing older widebody jets with new, advanced airplanes such as the 787-9, which can fly farther and use 20 percent less fuel with 20 percent fewer emissions. The U.S. carrier, which announced a purchase of four 787-9s in July, has now ordered a total of 64 Dreamliners.

The latest deal continues the strong momentum for the 787 Dreamliner family, with net orders now above 100 for the year and just one shy of 1,400 since the start of the program. Nearly half of all 787 customers have returned to place additional orders for the airplane, helping to make it the fastest-selling widebody jet in history.

“The 787 Dreamliner has been so successful in the marketplace because of great partners like United Airlines that have taken the airplane’s unrivaled performance to open new routes and offer passengers a wonderful travel experience,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “It makes all of us very proud to have United place a repeat order since its team has spent a lot of time with the Dreamliner and knows what it can do.”

United began flying the Dreamliner in 2012, using the long range and fuel efficiency of the 787-8 and 787-9 to serve intercontinental routes such as Houston to Sydney and San Francisco to Singapore. The 787-9 can fly up to 7,635 nautical miles (14,140 kilometers) and serve 290 passengers in a standard configuration.

Later this year, the carrier is set to take delivery of the largest member of the Dreamliner family, the 787-10, which can seat up to 330 passengers in a standard configuration. While the airplane is capable of flying long distances with a range of 6,430 nautical miles, United today announced plans to debut its first 787-10 on premium transcontinental routes in the U.S., boosting its coast-to-coast schedules to offer passengers travelling between New York/Newark and Los Angeles and San Francisco more flights and more premium seats.

Since entering service in 2011, the 787 family has flown nearly 280 million passengers while saving an estimated 28.7 billion pounds of fuel.

Contact:
Joe Loeffler
Boeing Communications
+1 425 306-2415
joseph.o.loeffler@boeing.com

 

SOURCE: Boeing Website

Boeing Announces New Commitments with Two Airlines for 15 787 Dreamliners

A new airline customer and a repeat customer reflect broad market demand for the Dreamliner
Fastest-selling widebody jet in history to eclipse 1,400 orders when commitments are finalized

FARNBOROUGH, United KingdomJuly 19, 2018 /PRNewswire/ — Boeing [NYSE: BA] and two undisclosed airlines have reached agreements to buy a total of 15 787-9 Dreamliners valued at $4.2 billion per current list prices, the company announced at the 2018 Farnborough International Airshow.

One of the airlines would become a new 787 customer. The second airline is adding more 787s to their Dreamliner fleet. Both commitments will be reflected on Boeing’s Orders and Deliveries website once they are finalized.

“This is the Dreamliner effect. New airline customers are drawn to the potential for greater fuel efficiency and range and super passenger amenities, while existing customers have experienced all of these advantages first hand and want to grow their fleet with more 787 Dreamliners,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for The Boeing Company. “The strong market preference for the 787 is securing its status as the fastest-selling widebody airplane in history.”

The new commitments continue Boeing’s sales momentum on the 787 Dreamliner program. With orders announced during the Farnborough Airshow, Boeing has achieved nearly 100 net orders for the 787 this year, along with reaching additional commitments that will be finalized in the coming months. In all, 71 customers have purchased nearly 1,400 airplanes. Half of the customers have returned to place follow-on orders.

Built with lightweight composite materials and powered by advanced engines, the 787 Dreamliner family lowers operating costs by more than 20 percent compared to previous airplanes, and nearly 10 percent compared to today’s competing jets. At 206 feet (63 meters), the 787-9 extends the Dreamliner family in terms of capacity and range. The airplane can fly 290 passengers, in a typical two-class configuration, up to 7,635 nautical miles (14,140 km), making it the longest-range 787.

Contact 
Paul Bergman
Boeing Communications
+1 206-724-7292
paul.r.bergman@boeing.com

 

 

SOURCE: Boeing Website

Boeing, Vistara Confirm Agreement for Up to Ten 787 Dreamliners

The Singapore Airlines and Tata Group joint venture will be first airline in India to operate 787-9s

FARNBOROUGH, Jul. 17, 2018– Boeing [NYSE:BA] and Vistara today confirmed the joint venture between Singapore Airlines and Tata Group, has agreed to order six 787-9 Dreamliners, with options for four more jets at the 2018 Farnborough International Airshow.

 

The agreement, valued at $2.8 billion at current list prices, will enable Vistara to become the first operator of the 787-9 in India. In addition, the new Dreamliners will mark the first widebody airplanes for the Indian carrier and will help launch long-haul operations.

 

# # #

 

 

Paul R. Bergman

 

Media Relations Lead

 

Boeing Commercial Airplanes

 

paul.r.bergman2@boeing.com

 

206.724.7292

 

Source :  Boeing Website

Boeing Board Approves Quarterly Dividend

CHICAGOJune 25, 2018 /PRNewswire/ — Boeing [NYSE: BA] Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors today declared a regular quarterly dividend of one dollar and seventy-one cents ($1.71) per share.

The dividend is payable September 7, 2018, to shareholders of record as of August 10, 2018.

____________________________

Contact
Communications: (312) 544-2002
Investor Relations: (312) 544-2140

 

SOURCE: Boeing Website

Etihad Airways to Optimize Operations with Crew Management Solutions

– Advanced optimization and analytics will improve planning, crew satisfaction and reduce costs

SEATTLEMay 23, 2018 /PRNewswire/ — Boeing (NYSE: BA) has announced an agreement with Etihad Airways, the national carrier of the United Arab Emirates, to provide multiple crew management solutions to support the planning and operation of the airline’s 7,500 crewmembers.

Through the agreement, Etihad Airways will integrate Crew Pairing, Rostering and Fatigue Risk Management solutions to optimize planning, crew satisfaction and reduce costs. Provided through Boeing subsidiary Jeppesen, these solutions are powered by Boeing AnalytX and provide airlines with advanced optimization and analysis.

“By adopting crew solutions, we are confident that we will be able to respond and adapt more quickly to the ever-changing airline factors and constraints within our operation,” said Rick Allen, senior vice president operations, Etihad Airways. “Our crew team will also appreciate that their preferences will be more flexibly considered, as we will now be able to publish crew schedules further in advance.”

Crew Pairing helps airlines create optimized work duties, improving crew efficiency and operational robustness, while minimizing cost. Crew Rostering allows airlines to build quality rosters that respect crews’ preferences and relevant constraints, while reducing total costs and time to market. Fatigue Risk Management solutions, supported by the Boeing Alertness Model, provide strategies and proven solutions for reducing fatigue risk in crew rosters.

“Airlines that use these services often see cost reductions of three percent or more annually and a significant uptake in crew satisfaction over their rosters. By adding these tools to the Boeing flight operations services already in place today, Etihad will continue to drive positive change,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for Boeing. “The flexibility and strength of our optimization in the crew management suite will allow Etihad to solve complex issues with ease and support their decision-making process with detailed quantifications of risk and costs.”

About Boeing Global Services

Boeing Global Services, headquartered in the Dallas area, was formed by integrating the services capabilities of the government, space and commercial sectors into a single, customer-focused business. Operating as a third business unit of Boeing, Global Services provides agile, cost-competitive services to commercial and government customers worldwide.

Contact
Tracey Budz
Boeing Communications
Office: +1 303-328-6405
Mobile: +1 708-870-7300
tracey.budz@jeppesen.com

 

SOURCE : Boeing WEBSITE