Boeing, Hawaiian Airlines finalise deal on 787s

Reuters  |  FARNBOROUGH, England 

By Eric M. Johnson

FARNBOROUGH, England (Reuters) - said on Thursday it would buy 10 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival to defend its A330neo jet against the Boeing series.

The firm order, valued at $2.82 billion at list prices and announced during the Air Show in southern England, confirms an order commitment announced in March.

The firm order for 10 will be added to Boeing's order backlog, while the 10 purchase rights will remain as commitments.

The Honolulu-based carrier, Hawaii's largest, dropped an earlier order for A330neos to go with the Boeing series. The first Boeing are expected to arrive in 2021, the companies said in March.

The model is the longest-range and said the aircraft allows it to offer new destinations to Asia, one of the

(Reporting by Eric M. Johnson; editing by and Adrian Croft)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 19 2018. 17:10 IST