Boeing

Boeing and LOT Polish Airlines Finalize Order for One Additional 787 Dreamliner

Boeing [NYSE:BA] and LOT Polish Airlines announced today that the airline has increased its 787 Dreamliner order by one additional aircraft, bringing its total 787 order to eight airplanes. In 2005, LOT placed an order for seven 787s, with delivery positions beginning in 2008.

Today's order, valued at $153 million at list prices, was booked previously on Boeing's Orders and Deliveries website, attributed to an unidentified customer.

"We are delighted with the steady progress we're witnessing on the 787 Program and are eager to see the first 787 this year," said Marek Mazur, chief executive officer of LOT Polish Airlines. "Furthermore, we are making excellent progress in preparing for the arrival of the first 787 in our fleet in 2008. We take great pride in being the first European carrier to operate the world's newest, most advanced airplane."

The 787 will revolutionize the customer experience for LOT's passengers. Passengers will enjoy an innovative new interior environment with higher humidity, wider seats and aisles, and larger windows, greatly improving the overall flying experience.

"This follow-on order is a wonderful confirmation of the outstanding value LOT places on the 787," said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia. "A dedicated team from Boeing and LOT, one of our early European customers on the program, is making great progress for the introduction of the 787 into their fleet".

The Boeing 787 Dreamliner, with first delivery scheduled for 2008, provides passengers with a better flying experience and operators with a more efficient commercial jetliner. Including today's order by LOT, 37 customers have logged 468 orders and commitments worth more than $73 billion at current list prices since the 787 launch in April 2004, making the Dreamliner the most successful commercial airplane launch in history.

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