http://www.reuters.com/article/2011/02/08/elal-boeing-idUSLDE7170CF20110208
El Al to buy Boeing 737-900ER airliners, Also has option to buy 2 more unspecified Boeing aircraft
Also has option to buy 2 more unspecified Boeing aircraft
JERUSALEM, Feb 8 (Reuters) - Israel's El Al (ELAL.TA) airline said it was buying four new Boeing (BA.N) 737-900ER planes with option for two more jets of the same type.
The value of the deal for up to six aircraft is between $215-$320 million, a company statement said on Tuesday. El Al, which operates an all Boeing fleet, owns 14 737 aircraft and with the purchase it will raise its short- and medium-haul fleet to 18 planes.
El Al said it has another option to purchase two more Boeing aircraft.
The new aircraft are set to replace El Al's ageing fleet of medium-haul 757 airliners which the company plans to phase out gradually, the statement said.
El Al CEO Eliezer Shkedi said the company was continuing to replenish its fleet. He added that the purchase was intended to meet the growing customer demand on various routes and would allow the company to improve its quality of service. (Writing by Ori Lewis; Editing by Jon Loades-Carter)
El Al to buy Boeing 737-900ER airliners, Also has option to buy 2 more unspecified Boeing aircraft
Also has option to buy 2 more unspecified Boeing aircraft
JERUSALEM, Feb 8 (Reuters) - Israel's El Al (ELAL.TA) airline said it was buying four new Boeing (BA.N) 737-900ER planes with option for two more jets of the same type.
The value of the deal for up to six aircraft is between $215-$320 million, a company statement said on Tuesday. El Al, which operates an all Boeing fleet, owns 14 737 aircraft and with the purchase it will raise its short- and medium-haul fleet to 18 planes.
El Al said it has another option to purchase two more Boeing aircraft.
The new aircraft are set to replace El Al's ageing fleet of medium-haul 757 airliners which the company plans to phase out gradually, the statement said.
El Al CEO Eliezer Shkedi said the company was continuing to replenish its fleet. He added that the purchase was intended to meet the growing customer demand on various routes and would allow the company to improve its quality of service. (Writing by Ori Lewis; Editing by Jon Loades-Carter)
