Boeing launches 787-10 with $30 billion of orders

Thu Jun 20, 2013 4:24am EDT
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PARIS (Reuters) - Boeing (BA.N: Quote) launched the 787-10 version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday with 102 provisional orders worth nearly $30 billion at list prices.

The news came after rival Airbus EAD.PA clinched an $11.5 billion order from UK budget airline easyJet (EZJ.L: Quote) for 135 A320neos, including 35 current-generation planes and 100 next-generation versions, with options for a further 100 aircraft.

Boeing's much-anticipated launch with five airlines and leasing companies marked a sign of support for the 787 just months after the first version was grounded due to battery problems.

The buyers are Air Lease AL.N with 30 planes, GE Capital Services (GE.N: Quote) with 10, British Airways (ICAG.L: Quote) with 12, Singapore Airlines (SIAL.SI: Quote) with 30 and United Airlines with 20.

United's order includes 10 new planes and 10 conversions from the earlier 787-9 model, due for first flight later this year.

The third variant of the Dreamliner family will have a range of 7,000 nautical miles, with seating for up to 330 passengers.

United said it expected to receive its first 787-10 in 2018.

The plane will be 25 percent more efficient to operate than current comparable planes, Boeing Commercial Airplanes Chief Executive Ray Conner said.

The 787-8, introduced in late 2011, was grounded worldwide in January after its lithium-ion batteries overheated on two jets in about a week.   Continued...

Boeing company's chairman and CEO, Jim McNerney (R) and Ray Conner, President and CEO of Boeing commercial airplanes, pose with a 787-10 model during the 50th Paris Air Show, at the Le Bourget airport near Paris, June 18, 2013. REUTERS/Stringer