Boeing 777 order tally sets record

  • BRYAN CORLISS / Herald Writer
  • Thursday, November 30, 2000 9:00pm
  • Local News

By BRYAN CORLISS

Herald Writer

On the rebound after the breakup of a longtime exclusive relationship with Qantas, Boeing Thursday announced a $5.6 billion deal with another favorite partner.

The company announced the sale of 40 new jetliners — including 33 Everett-built 777s — to International Lease Finance Corp. on Thursday.

That deal, plus another deal for three 777s to an unidentified buyer, brought total 777 orders for the year to 115, a record.

ADVERTISEMENT
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

The International Lease Finance order was expected, and had been announced initially during the Farnborough Air Show this summer. Boeing had not, however, included the 777s in its order totals.

The seven other planes in the deal, all Next Generation 737s, were listed on the order sheet before Thursday, but the buyer had not been identified.

International Lease Finance, which leases its planes to airlines worldwide, is Boeing’s largest customer. The company has ordered 644 Boeing planes, including 211 737s and 67 777s.

The new deal includes eight of Boeing’s new Longer-Range 777 models, along with 25 777-200ERs.

"We’re very excited about the new Longer-Range 777 airplanes," said Steven Udvar-Hazy, International Lease Finance’s president and chief executive officer. "Boeing 777 and Next-Generation 737 airplanes are in high demand, and our order therefore responds to these demands."

The Longer-Range 777 will be the longest-range airplane in the world, able to fly 301 passengers more than 10,000 miles.

Analysts widely viewed Qantas’ decision on Wednesday to order 25 new Airbus jets as a defeat for Boeing. Qantas has had an all-Boeing fleet for almost 40 years.

But the decision wasn’t a crushing blow, said analyst Robert Toomey of Dean Rauscher Wessels in Seattle. "Boeing certainly has been winning its traditional two-thirds market share this year," he said.

Sales of 777s have been "nothing short of excellent this year," Boeing spokesman Bob Saling said. "That really supports our feeling on the way we see the market evolving," he added — toward longer-range, midsized jets that bypass big hubs.

Airbus got a lot of attention this week because of the Qantas deal, which included 12 A3XX superjumbos, the new plane that has caught everyone’s eye, Saling said

But from Boeing’s perspective the A3XX is "designed to fit the needs of a handful of airlines," Saling said. "The Triple-Seven is a really great airplane, and it fits the needs of a lot more airlines than the A3XX."

This week alone, Boeing has announced sales of about $8.8 billion worth of commercial jets, compared with Airbus’ $3.4 billion Qantas deal.

Along with the 40-plane International Lease Finance order, Boeing sold eight 777s and three 767s to Japan Airlines, and two 747-400F freighters to Korean Air.

Reuters reported that Singapore Air also has ordered three more 777s over the past two weeks. Boeing has added the planes to its order list, but hasn’t publicly identified the ordering company.

Also, Air France this week signaled it will add four more 747-400F freighters to its cargo fleet, The Associated Press reported Thursday. However, the airline didn’t say when it would do that, whether it would be new or used planes, or whether they’d be ordered from Boeing or leased elsewhere.

"We’ll be interested to see how they follow through," Saling said.

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Local News

Jennifer Humelo, right, hugs Art Cass outside of Full Life Care Snohomish County on Wednesday, May 28, 2025 in Everett, Washington. (Olivia Vanni / The Herald)
‘I’ll lose everything’: Snohomish County’s only adult day health center to close

Full Life Care in Everett, which supports adults with disabilities, will shut its doors July 19 due to state funding challenges.

(City of Everett)
Everett’s possible new stadium has a possible price tag

City staff said a stadium could be built for $82 million, lower than previous estimates. Bonds and private investment would pay for most of it.

The Edmonds City Council gathers to discuss annexing into South County Fire on Tuesday, Dec. 3, 2024 in Edmonds, Washington. (Olivia Vanni / The Herald)
Community group presents vision for Edmonds’ fiscal future

Members from Keep Edmonds Vibrant suggested the council focus on revenue generation and a levy lid lift to address its budget crisis.

The age of bridge 503 that spans Swamp Creek can be seen in its timber supports and metal pipes on Wednesday, May 15, 2024, in Lynnwood, Washington. The bridge is set to be replaced by the county in 2025. (Ryan Berry / The Herald)
Snohomish County report: 10 bridges set for repairs, replacement

An annual report the county released May 22 details the condition of local bridges and future maintenance they may require.

People listen as the Marysville School Board votes to close an elementary and a middle school in the 2025-26 school year while reconfiguring the district’s elementary schools to a K-6 model on Wednesday, Jan. 22, 2025 in Marysville, Washington. (Olivia Vanni / The Herald)
Marysville schools audit shows some improvement

Even though the district still faces serious financial problems, the findings are a positive change over last year, auditors said.

Outside of the Madrona School on Monday, Aug. 26, 2024 in Edmonds, Washington. (Olivia Vanni / The Herald)
Sewer district notifies Edmonds schools of intent to sue

The letter of intent alleges the school district has failed to address long-standing “water pollution issues” at Madrona K-8 School.

Cars drive along Cathcart Way next to the site of the proposed Eastview Village development that borders Little Cedars Elementary on Wednesday, May 7, 2025 in unincorporated Snohomish, Washington. (Olivia Vanni / The Herald)
Former engineer: Snohomish County rushed plans for Eastview development

David Irwin cited red flags from the developers. After he resigned, the county approved the development that’s now stalled with an appeal

Edie Carroll trims plants at Baker's Acres Nursery during Sorticulture on Friday, June 6, 2025 in Everett, Washington. (Olivia Vanni / The Herald)
Sorticulture, Everett’s garden festival, is in full swing

The festival will go through Sunday evening and has over 120 local and regional vendors.

Students attending Camp Killoqua next week pose with Olivia Park Elementary staff on Friday, June 6 near Everett. Top, from left: Stacy Goody, Cecilia Stewart and Lynne Peters. Bottom, from left: Shaker Alfaly, Jenna Alfaly and Diana Peralta. (Will Geschke / The Herald)
A school needed chaperones for summer camp. Everett cops stepped up.

An Olivia Park Elementary trip to Camp Killoqua would have been canceled if not for four police officers who will help chaperone.

Everett’s minimum wage goes up on July 1. Here’s what to know.

Voters approved the increase as part of a ballot measure in the November election.

Logo for news use featuring Snohomish County, Washington. 220118
State declares drought emergency for parts of Snohomish County

Everett and the southwest part of the county are still under a drought advisory, but city Public Works say water outlooks are good.

Madison Family Shelter Family Support Specialist Dan Blizard talks about one of the pallet homes on Monday, May 19, 2025 in Everett, Washington. (Olivia Vanni / The Herald)
Madison Family Shelter reopens after hiatus

The Pallet shelter village, formerly Faith Family Village, provides housing for up to eight families for 90 days.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.