Air New Zealand Spends $2.7 Billion To Purchase Eight Boeing 787-10 Dreamliners

Air New Zealand announced today that it will purchase eight Boeing 787-10 Dreamliner aircraft equipped with GE Aviation’s latest GEnx-1B engine, and look forward to this revolutionary new model to help the development of the route network. Improve passenger flight experience and reduce carbon emissions by 190,000 tons per year to effectively achieve environmentally sustainable development. The first new aircraft will be delivered in 2022.

Air New Zealand currently operates 13 Boeing 787-9 Dreamliner aircraft, which has already become the main model for pacific region routes.

Air New Zealand’s global CEO Christopher Luxon said: “The Boeing 787-10 Dreamliner has a longer fuselage and higher fuel efficiency. We have a long-term close cooperation with Boeing. I believe the 787-10 model can It satisfies our development needs very well and assumes the current flight from 777-200.” He further explained: “This investment is a very important decision for us. The 787-10 can provide more than the 787- 9 more 15% cabin and cargo space, allowing us to flexibly adjust operations, but also bring more new development opportunities.”

At 9:30 am local time in New Zealand, Mr. Lu Jiefeng signed a letter of intent for ordering at the Air New Zealand Auckland headquarters with Christy Reese, vice president of sales for the civil aviation market in Boeing Asia Pacific, and Jason Tonich, vice president of global sales and marketing for GE Aviation. Based on current catalog prices, the total value of the purchase contract is approximately $2.7 billion. In addition to the eight aircraft that have been confirmed to be ordered, the letter of intent also mentions that the number of aircraft purchases can be flexibly adjusted to as many as 20. Air New Zealand will consider the development of the overall fleet and route network in the future. Regarding whether to replace the 787-10 with the 787-9, or a combination of these two models, Air New Zealand holds the final decision; the delivery time of the new aircraft can be advanced or postponed according to market demand. Air New Zealand is about to phase out eight 777-200 aircraft in 2025, and the new aircraft ordered this time will be supplemented accordingly.

Mr. Lu Jiefeng said that buying a new aircraft is an exciting move for both the company and consumers. Investing in the most innovative, comfortable and environmentally friendly models on the market today is also a commitment to actively implement sustainable development.

“In order to make New Zealand more connected to the world, most of our routes are long-haul routes. Introducing the most advanced models will give us the youngest and most environmentally friendly fleet in the world.”

Christy Reese, vice president of sales for the civil aviation market in Boeing Asia Pacific, said that he is honored to further deepen his partnership with Air New Zealand. “This large-scale purchase plan reflects Air New Zealand’s confidence in future operational growth. The Boeing 787-10 is currently the most energy efficient wide-body aircraft, significantly reducing fuel costs by approximately 25% compared to the replaced aircraft. And with the 95% commonality of Air New Zealand’s current 787-9 Dreamliner, it will not only help to improve Air New Zealand’s capacity, but also bring convenience to the overall operation.”

Air New Zealand currently has 13 Boeing 787-9s, 8 Boeing 777-200s and 7 Boeing 777-300 widebody aircraft, and another 787-9 is expected to be delivered this year. The first new aircraft to be purchased will join the New Zealand Air Force fleet in 2022, and the rest will be delivered by 2027.

Albert Aviation

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