Story Published:
Mar 8, 2005 at 7:47 AM PDT
Story Updated:
Aug 31, 2006 at 1:52 AM PDT
PARIS - Air France has ordered four 777-300ER passenger
jets from Boeing Co., the Chicago-based aircraft maker said
Tuesday.
In a statement, Boeing said Air France - now part of Air
France-KLM SA, the world's largest airline - had exercised four
options on an earlier contract, in a deal worth $920 million at
catalogue prices.
The carrier, which already operates eight of the mid-sized
777-300ER jets, plans use the four new planes for services to
destinations such as La Reunion and the Antilles.
Patrick Alexandre, Air France executive vice president for
commercial and international networks, said the 777-300ER had
already proved itself as a "passenger-pleasing moneymaker" on
routes such as Paris-Tokyo.
The plane will "improve the flying experience for our customers
going to the Caribbean and Indian Ocean locales," Alexandre said
in a statement.
Air France-KLM's U.S. shares rose 35 cents, or 1.8 percent, to
$19.38 in midday trading Tuesday on the New York Stock Exchange,
near the high end of the 52-week range of $14.26 to $19.81. Boeing
shares fell 40 cents, or 0.7 percent, to $57.90 in midday trading
on the NYSE, near the high end of the 52-week range of $38.04 to
$58.74.