Tag: performance (Page 9 of 11)

Air Arabia Orders 120 Airbus A320neo Family Aircraft, including XLR

November 18, 2019 / WIL BALDWIN

Air Arabia, the Middle East and North Africa’s first and largest low cost carrier, has signed a firm order for 120 Airbus aircraft comprising 73 A320neo’s, 27 A321neo’s and 20 A321XLR’s. The agreement was signed at the 2019 Dubai Airshow in the presence of Air Arabia’s Chairman Sheikh Abdullah Bin Mohammed Al Thani, Adel Al Ali, Chief Executive Officer Air Arabia and Guillaume Faury, Airbus Chief Executive Officer.

Adel Al Ali, Group Chief Executive Officer of Air Arabia, said: “Air Arabia’s fleet growth strategy has always been driven by commercial demand and we are glad to announce today one of the region’s largest single-aisle orders with Airbus to support our growth plans. This new milestone underpins not only our solid financial fundamentals but also the strength of our multi-hub growth strategy that we have adopted over the years while remaining focused on efficiency, performance and passenger experience.” He added: “The addition of the A320neo, A321neo and A321XLR complements our existing fleet and allows us to expand our service to farther and newer destinations while remaining loyal to our low-cost business model. We look forward to working with Airbus and receiving the first delivery.”

Christian Scherer, Airbus Chief Commercial Officer said: “We are delighted to expand our partnership with Air Arabia, this is a great endorsement for the A320neo Family which will allow the airline to tap into new markets. We are committed to supporting the fast expansion of Air Arabia and the region”

Air Arabia is an all Airbus operator with a total fleet of 54 A320 Family aircraft including the A321LR. All aircraft will feature a comfortable single-class cabin with one of the most generous seat pitches today.

The A321XLR is the next evolutionary step from the A321LR which responds to market needs for even more range and payload, creating more value for the airlines. From 2023, it will deliver an unprecedented Xtra Long Range of up to 4,700nm – 15% more than the A321LR and with 30% lower fuel burn per seat compared with previous generation competitor aircraft.

Featuring the widest single-aisle cabin in the sky, the best-selling A320neo Family, comprising the A319neo, A320neo, and A321neo, deliver at least 20% reduced fuel burn as well as 50% less noise compared to previous generation aircraft, thanks to incorporating the very latest technologies including new generation engines and Sharklets. At the end of October 2019, the A320neo Family had received more than 7,000 firm orders from over 110 customers worldwide.

Jet Grounding and Delays Overshadow Dubai Airshow

November 15, 2019 / WIL BALDWIN

FILE PHOTO: Emirates Airline Boeing 777 planes at are seen Dubai International Airport in Dubai

DUBAI (Reuters) – An eight-month crisis over the grounding of Boeing’s 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week’s Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.

The biennial civil and military expo is a major showcase for wares from jumbo jets to military drones but faces growing questions over demand and the capability of overstretched suppliers, delegates arriving for the Nov. 17-21 event said.

Top of their agenda will be the worldwide grounding of the 737 MAX in the wake of two deadly crashes.

Investors who have pushed up Boeing <BA> shares believe the planemaker is turning a corner after the eight month grounding, with the company predicting commercial flights in January. But it also faces a logjam of undelivered jets that could take 1-2 years to unwind.

State-owned flydubai expects its fleet will now shrink by a third this year, highlighting the cost of the grounding for the biggest MAX customer outside the United States. “Flydubai has very big ambitions … given the scale of those ambitions, there’s little they can do but wait and watch, like everyone else,” said Teal Group analyst Richard Aboulafia.

Boeing lost one potential MAX customer earlier this year as Saudi budget airline flyadeal ditched a provisional order.

Experts say airline frustrations with plane and engine makers could also disrupt plans by the world’s largest jetmakers pushing for order endorsements. The Middle East’s largest aerospace event will give Airbus <EADSY> and Boeing a chance to sit with some of their top customers who have threatened to walk from billions in deals.

The planemakers are struggling to deliver aircraft on time, forcing airlines to delay expansion plans, while engines on some jets are consistently causing issues for carriers.

“This seems to be a systemic issue across the board,” said Novus Aviation Capital Managing Director Mounir Kuzbari.

“As a result, we see stress on the relationship between airlines and the plane and engine makers.” Dubai’s Emirates, by far the region’s biggest airline, has issued a stern warning to plane and engine makers. It will no longer take delivery of aircraft that do not meet performance expectations, raising doubts over $35 billion in pending orders.

Airbus, Boeing and engine makers will be looking to allay concerns as they finalise jet sales with Emirates, which is also looking at reducing an order for the delayed Boeing 777X.

Airbus is seen close to a final order for A330neo and A350 jets while Boeing aims to salvage a provisional order for 787s.

GULF PRESSURE

Air Arabia could, however, steal the show with a planned order of up to 120 Airbus jets, industry sources say.

Kuwait’s Jazeera Airways is in negotiations with Airbus and Boeing for around two dozen airplanes.

Past editions of Dubai’s premier trade event have featured blockbuster deals, often led by Emirates as Gulf carriers redrew the aviation map around their ‘super-connector’ hubs.

But the Gulf hub model is increasingly under pressure as the once-rapid growth of the region’s biggest airlines slows.

“The market continues to be weak for all airlines in the region; we should see a further 2-3% reduction in passenger numbers for the full year,” said Diogenis Papiomytis, Frost & Sullivan’s Global Program Director for Commercial Aviation.

Middle East military leaders touring the displays will try to gauge whether they are on the cusp of another regional splurge on weapons after an escalation in Gulf tensions.

A series of attacks over the summer has highlighted potential security gaps among some of the world’s top defence spenders who now increasingly buy from China and Russia.

(Reporting by Alexander Cornwell, Tim Hepher, Ankit Ajmera, Stanley Carvalho; Editing by Mark Potter)

Drukair Takes Delivery of Latest Generation ATR 42-600

October 23, 2019 / WIL BALDWIN

Airline renews fleet with turboprop featuring cutting-edge avionics
for performance in challenging conditions

Toulouse, 22 October, 2019 – Bhutanese national flag-carrier Drukair today took delivery of its brand new ATR 42-600 aircraft. The latest-generation turboprop aircraft, which will be used on the airline’s domestic and international routes, was chosen for its outstanding operational performance in challenging conditions. The airline’s ATR serves small airports in the Himalayan Mountains and links Bhutan with Kathmandu, Kolkata and Dhaka. Through the introduction of the -600 series’ latest generation Standard 3 avionics suite, Drukair will benefit from RNP AR 0.3/0.3 which further enhances airfield accessibility and operational performance. Drukair’s ATR is equipped with the ClearVision™ system, which will provide pilots with outstanding vision and situational awareness. The aircraft will feature a very comfortable 40-seat cabin with generous pitch and stowage.

Tandi Wangchuk, Chief Executive Officer of Drukair said: “We have been flying an ATR aircraft since 2011, its versatility and operational reliability have made it the ideal aircraft. When evaluating how to improve on this performance, it makes sense to upgrade to the latest-generation and we look forward to introducing these evolutions to our passengers. Particularly the modern Armonia cabin which will provide even more comfort to everyone on board.”

ATR Chief Executive Officer, Stefano Bortoli said: “There are few things more satisfying than seeing a loyal customer renew and upgrade its ATR fleet. This delivery once more shows the impact of our policy of continuous development which ensures that when we introduce new products and innovations, they offer real quality and value to our family of operators. Delivering regional connectivity in the challenging operational conditions of Bhutan and its neighbouring countries takes a special aircraft and the ATR 42‑600 is the perfect fit.”

ATR’s market estimates forecast that 1,200 30-50 seat aircraft will soon need to be replaced as older and inefficient aircraft come to the end of their lives. The ATR 42-600 is the ideal and modern solution to cater for this need and ensure that essential connectivity is maintained for local communities all over the world.

Sikorsky Introduces RAIDER X™, A NextGen Light-Attack Reconnaissance Helicopter

October 16, 2019 / WIL BALDWIN

WASHINGTON, Oct. 14, 2019 /PRNewswire/ — Sikorsky, a Lockheed Martin company (NYSE: LMT), today introduced RAIDER X™, its concept for an agile, lethal and survivable compound coaxial helicopter, specifically designed for securing vertical lift dominance against evolving peer and near-peer threats on the future battlefield. Through the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) program, RAIDER Xis the out-front platform in the Service’s revolutionary approach for rapid development and delivery of game changing technology and warfighter capabilities, equipped for the most demanding and contested environments. RAIDER X enables the reach, protection and lethality required to remain victorious in future conflicts.

“RAIDER X converges everything we’ve learned in years of developing, testing and refining X2 Technology and delivers warfighters a dominant, survivable and intelligent system that will excel in tomorrow’s battlespace where aviation overmatch is critical,” said Frank St. John, executive vice president of Lockheed Martin Rotary and Mission Systems. “The X2 Technology family of aircraft is a low-risk solution and is scalable based on our customers’ requirements.”

RAIDER X draws on Lockheed Martin’s broad expertise in developing innovative systems using the latest digital design and manufacturing techniques. Sikorsky’s RAIDER X prototype offers:

Exceptional Performance: The X2 rigid rotor provides increased performance including; highly responsive maneuverability, enhanced low-speed hover, off-axis hover, and level acceleration and braking. These attributes make us unbeatable at the X.
Agile, Digital Design: State-of-the-art digital design and manufacturing is already in use on other Lockheed Martin and Sikorsky production programs such as CH-53K, CH-148 and F-35, and will enable the Army to not only lower the acquisition cost, but enable rapid, affordable upgrades to stay ahead of the evolving threat.
Adaptability: Modern open systems architecture (MOSA)-based avionics and mission systems, offering “plug-and-play” options for computing, sensors, survivability and weapons, benefiting lethality and survivability, operational mission tailoring and competitive acquisitions.
Sustainable/Maintenance: Designed to decrease aircraft operating costs by utilizing new technologies to shift from routine maintenance and inspections to self-monitoring and condition-based maintenance, which will increase aircraft availability, reduce sustainment footprint forward and enable flexible maintenance operating periods.
Growth/Mission Flexibility: Focused on the future and ever evolving threat capabilities, X2 compound coaxial technology provides unmatched potential and growth margin for increased speed, combat radius and payload. This potential and growth margin further enables operational mission flexibility which includes a broader range of aircraft configurations and loadouts to accommodate specific mission requirements.

The nationwide supply team that Sikorsky has comprised to build RAIDER X will join company leaders today to introduce RAIDER X during the annual conference of the Association of the United States Army in Washington, D.C.

“RAIDER X is the culmination of decades of development, and a testament to our innovation and passion for solving our customers’ needs,” said Sikorsky President Dan Schultz. “By leveraging the strength of the entire Lockheed Martin Corporation, we will deliver the only solution that gives the U.S. Army the superiority needed to meet its mission requirements.”

Proven X2 Technology: Scalable, Sustainable, Affordable

With RAIDER X, Sikorsky introduces the latest design in its X2 family of aircraft. To date, X2 aircraft have achieved/demonstrated:

Speeds in excess of 250 knots
High altitude operations in excess of 9,000 feet
Low-speed and high-speed maneuver envelopes out to 60+ degrees angle of bank
ADS-33B (Aeronautical Design Standard) Level 1 handling qualities with multiple pilots
Flight controls optimization and vibration mitigation

“The power of X2 is game changing. It combines the best elements of low-speed helicopter performance with the cruise performance of an airplane,” said Sikorsky experimental test pilot Bill Fell, a retired Army pilot who has flown nearly every RAIDER test flight. “Every flight we take in our S-97 RAIDER today reduces risk and optimizes our FARA prototype, RAIDER X.”

The development of X2 Technology and the RAIDER program has been funded entirely by significant investments by Sikorsky, Lockheed Martin and industry partners.

Sikorsky introduced RAIDER X as its entry to the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) prototype competition. RAIDER X draws on Lockheed Martin’s broad expertise in developing innovative systems using the latest digital design and manufacturing techniques. Image courtesy, Sikorsky a Lockheed Martin company.

Porsche Debuts The Taycan 4S, Its ‘Entry Level’ Electric Car

October 14, 2019 / WIL BALDWIN

Porsche announced on Monday the expansion of its electric-vehicle lineup. A month after revealing its Taycan Turbo and Turbo S, Porsche debuted its “entry-level model,” the Taycan 4S.

Taycan 4S pricing starts at $103,800 — a steal compared to the $150,900 Taycan Turbo or $185,000 Turbo S, but far less accessible than other EVs on the market.

Porsche is owned by Volkswagen AG.

How The 4S Compares In The Series

The Taycan 4S comes in a Performance Battery version (79.2 kiloWatts per hour) and a Performance Battery Plus version (93.4 kiloWatts per hour), each of which is less powerful than the original models. The 4S delivers up to 420 kiloWatts (630 horsepower) compared to the Turbo’s 500 kiloWatts and the Turbo S’s 560.

Click the link to view the full story! https://finance.yahoo.com/news/porsche-debuts-taycan-4s-entry-151539607.html

Air New Zealand Entices Walmart Boss Home to Lead Airline

October 11, 2019 / WIL BALDWIN

Greg Foran, president and CEO of Walmart U.S., smiles after speaking about the company’s Black Friday plans at a Walmart store in Secaucus, New Jersey

(Reuters) – Air New Zealand Ltd <ANZLY> named Walmart U.S. boss Greg Foran as its new chief executive on Friday, bringing him back home at a time the airline is trying to control costs in a lower-growth environment.

New Zealand-born Foran is credited with turning around Walmart Inc’s <WMT.N> U.S. business as its president and CEO since 2014, with the unit reporting 20 quarters of comparable sales growth under his leadership.

Air New Zealand Chairman Therese Walsh said the carrier was “thrilled to have attracted a world class Kiwi back home.”

“Greg has an impeccable track record in delivering strong commercial performance, outstanding customer focus and in building teams that can take a business to the next level,” Walsh said in a statement.

Grant Williamson, investment adviser at Hamilton Hindin Greene in Christchurch, said snagging Foran was a coup for the carrier.

“In the short term, it’s not going to have a major impact on earnings, there’s bigger things moving in the background like oil prices and global growth,” Williamson said. Air New Zealand shares were marginally higher at NZ$2.85 on Friday.

“But in terms of someone to have a steady hand on the wheel for Air New Zealand going forward, I don’t think they could do much better,” Williamson added.

Foran, who boosted Walmart’s sales by focusing on improving existing stores to keep costs and prices low, said he looked forward to building on Air New Zealand’s competitive advantage in customer focus and care.

The airline is known overseas for its quirky safety videos and consistently ranks highly in global airline customer surveys.

Foran will join Air New Zealand in the first quarter of next year, replacing Christopher Luxon who departed last month after seven years in the role. Luxon, a former Unilever executive, had also joined the airline after a career in fast-moving consumer goods.

During Luxon’s tenure, the carrier was recognised globally as an industry leader for its focus on innovation, environmental sustainability and diversity in hiring.

However, it has more recently faced challenges from a higher fuel bill and weak travel demand, leading the national carrier to report a 31% fall in annual profit in August.

Air New Zealand Chief Revenue Officer Cam Wallace, who had been an internal contender for the top job, according to sources with knowledge of the matter, welcomed the appointment on Twitter.

Foran will remain at Walmart until Jan. 31, when he will be replaced by the head of its Sam’s Club warehouse chain, John Furner.

“While we’ve been highly impressed with Mr. Furner’s work at Sam’s Club… he does admittedly have big shoes to fill,” said a note from Jefferies Group LLC <JEF.N>. “We can’t help but expect the market to react negatively to today’s news.”

(Reporting by Jamie Freed in Singapore and Devika Syamnath in Bengaluru, additional reporting by Nandita Bose in Washington; Editing by Sandra Maler and Jane Wardell)

Boeing Delivers First 787-10 for Saudi Arabian Airlines

September 30, 2019 / WIL BALDWIN

NORTH CHARLESTON, SOUTH CAROLINA, Sept 30, 2019 – Boeing [NYSE:BA] delivered to Saudi Arabian Airlines (SAUDIA) its first 787-10 Dreamliner, which will play a key role in the airline’s fleet and network expansion. The largest member of the Dreamliner family sets the benchmark for fuel efficiency and operating economics and will complement SAUDIA’s fleet of 787-9.

“SAUDIA operates a state-of-the-art fleet equipped with the latest technology, and in addition to the airline’s existing Boeing 787-9 Dreamliners, is now adding the 787-10 variant which will further support future network growth plans,” said His Excellency Eng. Saleh bin Nasser Al-Jasser, Director General, SAUDIA. “The airplane’s onboard cabin features, long range capability and the latest in technological advancements are among the many aspects of what makes the Boeing 787 highly popular with our guests.”

In addition to the 787-10, SAUDIA operates 13 787-9 Dreamliner airplanes, and 33 777-300ER (Extended Range) jets.

“SAUDIA has been a valued partner with Boeing for nearly 75 years and this delivery marks another major milestone in our partnership. Our team takes great pride in building and delivering quality aircraft to SAUDIA and we are honored by the continuing confidence in the 787 Dreamliner and 777 families,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing, The Boeing Company. “The addition of the 787-10 to SAUDIA’s fleet will continue the superior inflight experience that passengers have come to expect of the Dreamliner. Moreover, the unmatched fuel efficiency of the 787 will help SAUDIA open new routes and achieve significant fuel savings and emission reduction.”

With the delivery to SAUDIA, the 787-10 continues to expand its global presence. More than 30 of this Dreamliner model have been delivered to seven operators since the airplane entered commercial service last year. As a stretch of the 787-9, the 787-10 adds about 40 more seats in a 2-class configuration and cargo capacity, offering 25 percent better fuel per seat and fewer emissions than the airplanes it replaces. With a range 6,345 nautical miles (11,750 kms), the 787-10 can fly more than 95 percent of the world’s twin-aisle routes.

Since entering service in 2011, the 787 family has enabled the opening of more than 235 new point-to-point routes and saved more than 40 billion pounds of fuel. Designed with the passenger in mind, the 787 family delivers an unparalleled experience with the largest windows of any commercial jet, large overhead bins with room for everyone’s bag, comfortable cabin air that is cleaner and more humid, and includes soothing LED lighting.

To optimize the performance of its 787 fleet, SAUDIA uses Boeing Global Services digital solutions powered by Boeing AnalytX such as Airplane Health Management (AHM), Maintenance Performance Toolbox and Crew Rostering and Pairing to optimize performance, manage global crew schedules and maintain their fleet. Boeing AnalytX is a suite of software and consulting services that transform raw data into efficiency, resource and cost savings in every phase of flight.

Boeing [NYSE:BA] delivered to Saudi Arabian Airlines (SAUDIA) its first 787-10 Dreamliner, which will play a key role in the airline’s fleet and network expansion.

Sikorsky Combat Rescue Helicopter To Enter Production

September 28, 2019 / WIL BALDWIN

STRATFORD, Conn., Sept. 24, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) today announced the Sikorsky HH-60W Combat Rescue Helicopter (CRH) program achieved a Milestone C decision from the U.S. Air Force, which moves the program into low rate initial production. The Combat Rescue Helicopter will perform critical combat search and rescue and personnel recovery operations for all U.S. military services. View the latest CRH video

The four instrumented test aircraft at the Sikorsky Development Flight Center in West Palm Beach, Florida, demonstrated their production readiness during rigorous U.S. Air Force (USAF) performance and flight load survey testing. The joint Sikorsky and USAF flight test team has executed over 150 hours of envelope expansion flights, which provided USAF the data necessary to execute a Milestone C decision. This decision allows Sikorsky to begin production of the aircraft, which is based on the venerable BLACK HAWK helicopter.

“This affirmative Milestone C decision validates the modifications to Sikorsky’s most successful BLACK HAWK helicopter, making it capable of saving downed airmen anytime, anywhere around the world,” said Greg Hames, Sikorsky program director. “This establishes the Combat Rescue Helicopter as a production program.”

Prepared for Production

There are five CRH aircraft in various stages of production at Sikorsky’s Stratford facility. Sikorsky employees and our nationwide supply chain are ready to begin production and support delivering this all new aircraft to the warfighter.

The USAF program of record calls for 113 helicopters to replace its predecessor, the Sikorsky HH-60G PAVE HAWKs.

“We have just successfully gained approval to launch the production of a helicopter that will save the lives of our warfighters and our allies all over the world. This decision begins the transition to this more capable and reliable helicopter to fulfill the Air Force’s mission to leave no one behind. I could not be more proud of our government-contractor team for making this happen,” said Col. Dale R. White, Program Executive Officer, Intelligence, Surveillance, Reconnaissance and Special Operations Forces, USAF.

The CRH is significantly more capable and reliable than the HH-60G PAVE HAWK. The aircraft hosts a new fuel system that nearly doubles the capacity of the internal tank on a UH-60M BLACK HAWK, giving the USAF crew extended range and more capability to rescue those injured in the battle space. The CRH specification drives more capable defensive systems and enhances the vulnerability reductions, hover performance, electrical capacity, avionics, cooling, weapons, cyber-security, environmental, and net-centric capabilities beyond the current HH-60G.

The Sikorsky Combat Rescue Helicopter will perform critical combat search and rescue and personnel recovery operations for all U.S. military services. “This decision begins the transition to this more capable and reliable helicopter to fulfill the Air Force’s mission to leave no one behind,” says Col. Dale R. White, Program Executive Officer, Intelligence, Surveillance, Reconnaissance and Special Operations Forces, USAF.

Boeing and Air New Zealand Finalize Order for Eight 787-10 Dreamliner Jets

September 25, 2019 / WIL BALDWIN

Leading long-range carrier builds future fleet with eight super-efficient 787-10s and includes options to increase number of aircraft to up to 20 Dreamliners

Largest Dreamliner model offers more seats and unmatched fuel efficiency, and environmental performance

SEATTLE, Sept. 25, 2019 /PRNewswire/ — Boeing [NYSE:BA] and Air New Zealand [NYSE:ANZLY] today finalized an order for eight 787-10 Dreamliner airplanes valued at $2.7 billion at list prices. The carrier, recognized for its long-range flights and global network, will integrate the largest Dreamliner model into its world-class fleet of 787-9 and 777 airplanes from 2022 to strategically grow its business.

The airplane deal, announced in May as a commitment, includes options to increase the number of aircraft from eight up to 20, and substitution rights that allow a switch from the larger 787-10 to smaller 787-9s, or a combination of the two models for future fleet and network flexibility.

“This is an exciting decision for our business and our customers as we deliver on our commitment to grow our business sustainably. With the 787-10 offering around 15 percent more space for both customers and cargo than the 787-9, this investment creates the platform for our future strategic direction and opens up new opportunities to grow,” said Air New Zealand Chief Executive Officer Christopher Luxon.

As the largest member of the passenger-pleasing and super-efficient Dreamliner family, the 787-10 is 224 feet long (68 meters) and can seat up to 330 passengers in a standard two-class configuration, about 40 more than the 787-9. Powered by a suite of new technologies and a revolutionary design, the 787-10 set a new benchmark for fuel efficiency and operating economics when it entered commercial service last year. The airplane allows operators to achieve 25 percent better fuel efficiency per seat compared to the previous airplanes in its class.

“Air New Zealand has made very strategic investments in advanced widebody aircraft to build on its status as a leading global carrier connecting the South Pacific with Asia and the Americas. We are very honored that Air New Zealand has selected to add the 787-10 and its unique capabilities to complement its long-haul fleet of 777 and 787-9 airplanes,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing, The Boeing Company.

Air New Zealand was a global launch customer for the 787-9 and today operates 13 of the Dreamliner variant. With another 787-9 on the way and the 787-10 airplanes in the future, the airline’s Dreamliner fleet is on track to grow to 22. The new Dreamliner aircraft will replace Air New Zealand’s fleet of eight 777-200ERs. Air New Zealand’s widebody fleet also includes seven 777-300ERs.

As part of its efforts to maintain an efficient and reliable fleet, Air New Zealand utilizes a number of Boeing Global Services solutions, including Airplane Health Management and Maintenance Performance Toolbox. These digital solutions provide maintenance data and decision support tools that enable aircraft maintenance teams to increase operational efficiency.

Boeing & KLM Announce Order for Two 777 Jets

September 3, 2019 / WIL BALDWIN

New purchase will grow KLM’s 777 fleet to over 30 airplanes, increasing network flexibilityAdditional 777 jets to complement carrier’s growing 787 Dreamliner fleet

AMSTERDAM, Sept. 2, 2019 /PRNewswire/ — Boeing [NYSE: BA] and KLM Royal Dutch Airlines (AFLYY) today announced that the carrier has ordered two more 777-300ER (Extended Range) airplanes as it continues to operate one of Europe’s most modern and efficient fleet.

The order, valued at $751 million at current list prices, was previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website.

“KLM is one of the world’s leading network carriers and an aviation pioneer and we are delighted the airline has once again selected the Boeing 777-300ER to strengthen its long-haul fleet for the future,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “KLM’s continuing interest in the 777-300ERs shows the enduring appeal and value of the 777, thanks to its outstanding operating economics, superior performance and popularity among passengers.”

The 777-300ER can seat up to 396 passengers in a two-class configuration and has a maximum range of 7,370 nautical miles (13,650 km). The airplane is the world’s most reliable twin aisle with a schedule reliability of 99.5 percent.

Operating out of its home base in Amsterdam, the KLM Group serves a global network of 92 European cities and 70 intercontinental destinations with a fleet of 209 aircraft. The carrier operates 29 777s, including 14 777-300ERs. It also flies 747s and the 787 Dreamliner family.

KLM, the world’s oldest airline still operating under its original name, is celebrating its centenary this year. In 2004 it merged with Air France to create Europe’s largest airline group. The Air France-KLM Group is also one of the largest operators of the 777 family with nearly 100 between the combined fleets.

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