Boeing and EL AL Complete Contract for Four 737-900ERs

SEATTLE, March 23, 2011 /PRNewswire/ — Boeing (NYSE: BA) and EL AL have announced that the Israeli national carrier has completed a contract to order four Next-Generation 737-900ERs (extended range) and reserve options for future aircraft. The four-airplane order is valued at approximately $343.2 million at current list prices.

« By almost any measure, from the passenger experience to operating performance, EL AL has earned a place among the world’s top airlines, » said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. « The decision to add 737-900ERs to their fleet will help solidify EL AL’s position as a leading airline. Boeing is proud of our longstanding partnership with EL AL, and honored that their tradition of flying an all-Boeing fleet continues with this order. »

The Boeing 737-900ER is the newest member of the Next-Generation 737 airplane family. It can seat up to 215 passengers in a single-class configuration and has a range of up to 3,265 nautical miles (6,045 km). The 737-900ER offers 6 percent lower operating costs per trip and 4 percent lower operating costs per seat mile than competing models.

Elyezer Shkedy, Chief Executive Officer, EL AL said: « These additional airplanes will help us expand our fleet to meet the growing demand from our customers. We will use the Boeing 737-900ERs to replace the current fleet of 757-200s and to serve the growing markets in our network. The 737 family of aircraft provide outstanding performance and the lowest in the industry operating costs per seat mile. »

Boeing will deliver EL AL’s new Next-Generation 737-900ERs with the all-new 737 Boeing Sky Interior, the latest in a series of enhancements designed to improve the Next-Generation 737 for both airlines and passengers. EL AL’s 737-900ERs will also incorporate a package of performance improvements that will reduce fuel consumption and carbon emissions by 2 percent – making the airplane a full 7 percent more efficient than the first Next-Generation 737s delivered.

EL AL operates 41 routes to 27 countries with its current fleet of 40 Boeing aircraft.

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