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Dreamliner selected by low-cost company

The Boeing Company and LCAL (Low-Cost Aircraft
Leasing) has announced an order for six 787-8 Dreamliners. 

The order, which was placed last May, is valued at approximately $780 million at list prices.  Deliveries are to begin in September 2009.

LCAL, registered last year as a corporation, will base its leasing business entirely
around the 787.

“Boeing has worked very hard to make this a ‘banker-friendly’ airplane,” said LCAL
Chief Executive Officer Clive Joy.  “We aim to take these advantages and translate
them into a leasing-friendly product, which combined with the new technology will
deliver the maximum benefit to airlines.”

“LCAL represents a rare opportunity for Boeing to partner with a new and innovative
company from its inception,” said Scott Carson, vice president of Sales, Boeing
Commercial Airplanes.  “LCAL’s low-cost business model and single-fleet concept
represent a different, creative approach to the industry.  And its selection of the
787 as its preferred product for its low-cost business is validation of the
Dreamliner’s appeal across a broad spectrum of customers.


The technologically advanced 787 Dreamliner will use 20 percent less fuel than
today’s airplanes of comparable size, provide airlines with up to 45 percent more
cargo revenue capacity, and present passengers with ground-breaking innovations
including an improved interior environment, wider seats and aisles, larger windows,
and other benefits.  The 787’s light-weight composite structure makes many of these
advances possible.