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SIA seals $18.77b deal for 39 Boeing units

Singapore Business Review logo Singapore Business Review 24/10/2017 Staff Reporter
SIA seals deal for 39 Boeing aircraft for $18.77b © Provided by Singapore Business Review SIA seals deal for 39 Boeing aircraft for $18.77b

Deliveries will be made starting from 2020.

Singapore Airlines (SIA) finalised the purchase of 39 Boeing aircraft, composed of 20 777-9s and 19 787-10s, for $18.77b (US$13.80b).

According to a press release, the purchase agreement also has six options for each aircraft type, which if exercised, will enlarge the deal to as many as 51 aircraft.

The 777-9s are intended primarily for long-haul routes and are due for delivery from 2021.

The 787-10s are to be operated on medium-range routes and are due for delivery from 2020.

SIA is due to take delivery of the world's first 787-10 in the first half of 2018, from a 2013 order with Boeing for 30 aircraft.

SIA currently has more than 50 current-generation Boeing 777 aircraft in service. Its subsidiaries SilkAir, Scoot and SIA Cargo also operate Boeing aircraft, with 737 MAX 8 and 737-800, 787-8/9 and 747-400 Freighter types in service, respectively.

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