Boeing and ILFC confirm 20-Airplane 787 Dreamliner Order

Boeing and International Lease Finance Corp. (ILFC) today confirmed a firm order for 20 787 Dreamliners with four additional options. The order is valued at approximately $2.7 billion at list prices, and deliveries are scheduled to begin in January 2010.

"The 787 will meet the demand we expect from our airline customers for the breakthrough passenger comforts and operating efficiencies of the Dreamliner," said Steven F. Udvar-Hazy, chairman and chief executive officer – ILFC. "This also adds the newest member of the Boeing product line to our fleet, building on our nearly 30-year partnership with Boeing as the largest lessor of Boeing airplanes."

ILFC has ordered 698 Boeing jets since 1977.

"This is a great day for the 787 and our partnership with ILFC," said Boeing Commercial Airplanes President and Chief Executive Officer Alan Mulally. "To have this leading global lessor choose the 787 is a bellwether endorsement for the industry and for the passenger appeal of our newest airplane."

The Dreamliner's first flight is scheduled for 2007, with certification, delivery and entry into service in 2008.

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