StockNews.AI
BA
StockNews.AI
103 days

China Airlines Announces Order for Boeing 777X Passenger and Freighter Models

1. Boeing secures China Airlines as a new 777X customer with 14 jets ordered. 2. 777-9 jets will enhance long-haul capacity and fuel-efficiency for China Airlines. 3. China Airlines aims to maintain market position with updated 777X fleet. 4. Over 520 777X planes ordered globally, boosting Boeing's production and employment. 5. 777-8 Freighter offers significant improvements in payload and emissions.

7m saved
Insight
Article

FAQ

Why Bullish?

The order indicates strong demand for Boeing's 777X jets, positively influencing revenue. Historically, large orders often lead to stock price increases, e.g., during the 737 MAX orders surge.

How important is it?

The news highlights Boeing's growing order book, suggesting resurgence in market confidence. A major purchase reflects not just immediate sales but future growth potential.

Why Long Term?

This order will generate revenue over several years, with deliveries extending into the future. Historically, sustainable partnerships help ensure long-term growth and stability, such as Boeing's longstanding collaboration with other major airlines.

Related Companies

CALBA
, /PRNewswire/ -- Boeing [NYSE: BA] and China Airlines (CAL) today announced the carrier as the newest 777X customer with an order for 10 777-9 passenger and four 777-8 Freighter airplanes. The first carrier in Taiwan to order the fuel-efficient 777X, China Airlines will leverage the widebody jet's added capacity and range on long-haul routes to North America and Europe. Boeing rendering of a 777-9 and 777-8F in China Airlines livery In addition to the firm order, which booked in March 2025 and was posted as unidentified on Boeing's orders and deliveries website, the airline has options to purchase five 777-9s and four 777-8 Freighters. With this order, China Airlines joins an exclusive group of global airlines that have ordered the passenger and freighter variants of the 777X family. "As a long-time operator of the 777-300ER and 777 Freighter, we are excited to welcome Boeing's newest 777X family into our world-class fleet," said Kao Shing-Hwang, chairman of China Airlines. "The advanced technology and features of the 777-9 will provide our customers with the best-in-class flying experience, while the 777-8 Freighter's range and fuel-efficiency will enable us to maintain a leadership position in air cargo. This is a significant investment toward our future, and we will rely on the new 777X family to help realize our long-term sustainability goals." The world's largest twin-engine jet, the 777-9 will offer 20% lower fuel use and emissions than the airplanes it replaces, as well as the lowest operating cost per seat of any airplane as it connects far-flung destinations with a range of 7,295 nautical miles (13,510 km). The 777-9 will allow China Airlines to maximize capacity with 426 passengers in a typical two-class configuration while offering exceptional comfort with a more spacious cabin environment."The 777X will enable us to deliver an enhanced travel experience and greater reliability for our customers," added Chen Han-Ming, president of China Airlines.Given the interoperability of the 777X with its current Boeing twin-engine freighters, China Airlines plans to renew its fleet with the new 777-8 Freighter, which offers 747-sized payload capability along with a 30% improvement in fuel efficiency and emissions and up to a 60% smaller noise footprint."As we welcome China Airlines to the 777X customer family, we are pleased to build on our nearly 60-year partnership that traces back to the 707 and 727," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "We value China Airlines' continued confidence and look forward to delivering the new 777Xs adorned with the beautiful plum blossom livery in the coming years."Customers around the world have now ordered more than 520 777X airplanes sustaining thousands of jobs at Boeing's Everett, Wash., site and across the supply chain.  "Operating the 777-9 and 777-8 Freighter will allow China Airlines to add capacity and position the airline for further growth going forward," said Dan Schull, Boeing vice president of Commercial Sales, Northeast Asia. "In addition to these new 777X jets, China Airlines has 787 Dreamliners on order that will further strengthen its world-class fleet for many years to come."   A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.Boeing Media Relations[email protected] SOURCE Boeing WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News