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November 29, 2009

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Airline to order 10 7E7s

Thursday, Dec. 30, 2004 | 10:43 a.m.

Continental Airlines Inc. plans to order 10 of Boeing Co.'s 7E7 airplane, becoming the first major U.S. carrier to invest in the highly efficient new jet.

Boeing said the deal would be worth about $1.3 billion at list prices, although airlines typically negotiate steep discounts. The airplanes are to be delivered beginning in 2009.

Continental is the second U.S. airline to say it would buy Boeing's new plane. Primaris Airlines Inc., a Las Vegas carrier that plans to offer low-cost business class service, said in October that it would buy 20 of the new planes. That carrier's 7E7s are to be delivered between 2010 and 2013.

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