BOEING AIRLINERS FOR SINGAPORE AIRLINES
Singapore Airlines has entered into an agreement with the American aerospace giant
Boeing for the purchase of 39 new wide-body airliners. The deal is for 20 Boeing 777-9 and 19 Boeing 787-10 airiners, a total of 39 platforms. The total deal is valued at $13.8 billion at the current list prices. This deal which was signed at the White House in the presence of US President Donald Trump and Prime Minister of Singapore Lee Hsien Loong, will prove to be a windfall not only for Boeing, but for the American economy as a whole as it is expected to create over 70,000 jobs in the US aerospace industry and help boost business prospects of the thousands of suppliers that are connected with the industry. This huge order by Singapore Airlines is also a reflection of the airline’s preference for large platforms from Boeing which the airline has been operating for the last over seven decades. Singapore Airlines currently operates more than 50 Boeing 777 aircraft. The airline is also the launch customer for the Boeing 787-10 which is expected to be delivered in the first half of 2018. After induction of the fresh lot of Boeing 787-10 aircraft, Singapore Airlines will be the largest operator in the world of this platform.