Boeing adds orders for 10 widebody jets

Published 9:57 am Thursday, May 19, 2011

The Boeing Co. added orders for 10 widebody jets this week, bringing its net orders tally to 127.

Germany’s Lufthansa Cargo finalized a deal with Boeing for five 777 freighters, the companies announced Thursday. Lufthansa had announced plans in March to buy the Boeing cargo planes. That order is worth $1.35 billion at list prices, though customers rarely pay full price.

“We are certain that these airplanes will benefit our customers greatly, as experienced by our AeroLogic joint venture, which already operates eight 777 freighters,” said Karl Ulrich Garnadt, chief executive officer of Lufthansa Cargo.

AeroLogic, a joint venture of Lufthansa Cargo and DHL Express, became the fourth carrier to operate the 777 freighter in May 2009. Including this order from Lufthansa Cargo, a total of 88 777 freighters have been ordered, of which 39 have been delivered.

Boeing also added an order for five 767s from Chile’s LAN Airlines. That order is worth $822 million at list prices. LAN already had ordered three 767s from Boeing earlier this year.

Boeing has received 175 orders for aircraft through May 17. The company also logged in 48 cancellations.