PrivatAir confirms Boeing order

Boeing and
Geneva-based PrivatAir have announced an order for one Boeing 787-8 VIP
airplane, a purchase-right exercise from PrivatAir’s initial 787 order in
2006.Today’s order is valued at $162 million. Through this agreement,
PrivatAir has two 787s on order and has secured an additional purchase
right.

  “The ever-increasing demand from charter customers for long-range,
large-cabin aircraft shows no sign of abating, and PrivatAir is
strategically placed to provide its customers with the widest range of
travel options,” said Greg Thomas, CEO of PrivatAir. “This latest order
will further expand the capabilities of PrivatAir’s fleet, enabling our
passengers to travel further, faster and in greater comfort.”

  Since launching the 787 program in 2004, Boeing has secured 841 orders
from 55 customers, including a record-breaking 369 orders in 2007.

  “PrivatAir clearly recognizes the outstanding potential of the 787 VIP
jet for business and private jet operations, both from an economic
viewpoint as well as passenger luxuries,” said Marlin Dailey, vice
president of Sales, Europe, Russia & Central Asia, Boeing Commercial
Airplanes. “The 787 VIP airplane provides PrivatAir the opportunity to
raise the bar even higher.”
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