Boeing announced that it has signed an agreement with Azerbaijan Airlines for a firm order of five 787-8s and a commitment for two large freighters – either the 747-8F or the 777F on Sunday, November 12 at the Dubai Airshow. The deal for the seven aircraft is for $1.9 billion at current price list.
The Baku-based carrier already operates two 787-8s and in 2014 it was the first airline in the Commonwealth of Independent States to operate the 787. Azerbaijan Airlines also announced it will be the launch customer for the 787 Landing Gear Exchange Program. This means that the carrier will be provided with a lower-cost solution for overhauled and certified landing gears for its Dreamliner fleet, that will consist of seven aircraft of the type.
“Ordering additional 787 Dreamliner airplanes will greatly expand our airline’s capabilities, allowing us to serve new destinations and carry more passengers,” said AZAL President Jahangir Askerov. “We are delighted to expand our partnership with The Boeing Company, which has been a reliable partner in supplying modern airplanes, and helping us operate and maintain the jets.”
Kevin McAllister, president and CEO of Boeing Commercial Airplanes, expressed his satisfaction with the new deal and the fact that Azerbaijan Airlines will continue its partnership with Boeing.
“Boeing is excited to launch the 787 landing gear exchange program with Azerbaijan Airlines,” said Stan Deal, President and CEO of Boeing Global Services. “This program will keep the airline’s 787s flying while providing a cost-effective and reliable alternative to buying new landing gear and performing equipment overhaul.”