Singapore Airlines (SIA) has signed a letter of intent (LOI) for 20 777-9s and 19 787-10s with Boeing, in a proposed order, which is valued at US$13.8 billion based on published list prices.
The 39 firm orders include options for six more of each aircraft type, which if exercised could grow the deal to as many as 51 aircraft.
Deliveries of the 777-9s are due to commence from the2021/22 financial year and the 787-10s are due to join the airline from the 2020/21 financialyear.
“Today’s major order for widebody aircraft enables us to continue operating amodern and fuel-efficient fleet, providing the SIA Group with additional expansionopportunities to ensure that we retain our industry-leading position,” said SIA CEO,Mr Goh Choon Phong.
“We are continuing to invest for the future of the SIA Group. This order is alsoanother demonstration of our commitment to further growing the Singapore hub,as we will be able to offer even more travel options for our customers.”
The sole engine type for the 777-9s, is the General Electric GE9X and the aircraft is intendedprimarily for use on long-haul routes. SIA has chosen Rolls-Royce Trent 1000to power the 787-10s, which are to be operated on medium-range routes.
SIA has more than 50 current-generation 777aircraft in service and its Subsidiaries SilkAir, Scoot and SIA Cargo are also operators ofBoeing aircraft, with 737-800s, 787-8/9s and 747-400 Freighters in service,respectively.
SIA was the launch customer for the 787-10, having placed an initial order in 2013 for 30aircraft, which are due to be delivered from the 2018/19 financial year.
SIA also has outstanding orders withAirbus for five A380-800s and 57 A350-900s.
SilkAir has outstanding orders withBoeing for 37 737 MAX 8s, while Scoot has orders with Boeing for eight 787-8/9sand Tigerair has orders with Airbus for 39 A320neos.