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Boeing, Pakistan International Airlines Finalize order For Five 777-300ERs

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- Pakistan order also includes purchase rights for five additional 777-300ERs
- Twin-engine jet order completes Pakistan's flag carrier's widebody fleet replacement program

EVERETT, Wash., Feb. 20, 2012 /PRNewswire/ -- Boeing [NYSE: BA] and Pakistan International Airlines today announced a firm order for five 777-300ER (extended range) airplanes. Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs.

Based in Karachi, Pakistan International Airlines has been renewing its long-haul fleet to accommodate increased demand for air travel as well as to introduce new routes.

"With passenger traffic in our region accelerating, the new 777-300ER airplanes will continue to deliver the highest standards of technology and passenger comfort to our customers," said Capt. Nadeem Yousufzai, Managing Director of Pakistan International Airlines. "The spacious 777-300ER has been an integral part of our long-range fleet renewal program and its excellent operating economics, long range capability and reliability will allow us to expand into new long-haul markets."

In 2002, Pakistan's flag carrier became the world's first airline to purchase all three passenger models of the 777 Family and in that year was also the launch customer for the 777-200LR (longer range) airplane.

"We are proud that Pakistan International Airlines is a special Boeing customer that continues to invest and trust in the industry-leading capabilities of the 777 family of airplanes," said Marty Bentrott, vice president of Sales for the Middle East, Russia and Central Asia, Boeing Commercial Airplanes. "Boeing values the excellent partnership that was established over 10 years ago and one which we hope to continue well into the future as the airline progresses with its expansion plans."

2011 was the best-selling year for the 777 program with a net order book of 200 surpassing the previous record of 154 orders set in 2005. The 777-300ER brings new twin-engine efficiency to the airline's long-haul fleet. The airplane is powered by General Electric GE90-115BLs, the world's largest and most powerful commercial jet engines. The airplane also features the Boeing Signature Interior that offers wider seats, wider aisles, more headroom and more seating flexibility.

from official Boeing's Website.

Boeing, Pakistan International Airlines Finalize Order for Five 777-300ERs - Feb 20, 2012
 
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even if there are kickbacks (i dont believe it though)
this is probably the best decision PIA made in years!!!
777-300ER is the most fuel efficient aircraft out there right now...

edit

there are no kickbacks, the figures that Boeing's official website gives is $298.3 million!

help yourself

Boeing: Commercial Airplanes -- Jet Prices Home

no doubt 777 are good but we do not need them,we already have 8 of them.These planes are large and with a lot more competition ahead(3 more Air lines are starting in 2012) it will be difficult for PIA to get these plans full with passenger.
PIA should have chosen 787 dream liners.777 is present and 787 is future
All_Nippon_Airways_Boeing_787-8_Dreamliner_JA801A_OKJ_in_flight.jpg
 
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no doubt 777 are good but we do not need them,we already have 8 of them.These planes are large and with a lot more competition ahead(3 more Air lines are starting in 2012) it will be difficult for PIA to get these plans full with passenger.
PIA should have chosen 787 dream liners.777 is present and 787 is future
All_Nippon_Airways_Boeing_787-8_Dreamliner_JA801A_OKJ_in_flight.jpg

No. new airlines WILL NOT have larger aircrafts that could serve US and Europe, so that means PIA needs these 777s!
and dont worry A 310 will get replaced by 787. Each aircraft is designed with a planned route in mind, 787 has a different role than 777, but almost as same as A310 so dont worry.
new airlines would give a hard time to PIA for regional flights only. thats's why PIA needs to replace those 737s and get more fuel effient A-320s or A319s.
 
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no doubt 777 are good but we do not need them,we already have 8 of them.These planes are large and with a lot more competition ahead(3 more Air lines are starting in 2012) it will be difficult for PIA to get these plans full with passenger.
PIA should have chosen 787 dream liners.777 is present and 787 is future
All_Nippon_Airways_Boeing_787-8_Dreamliner_JA801A_OKJ_in_flight.jpg
PIA should not order 787s ASAP, 787 comes with lots of cons, for example, the body is made of carbon fibre and if 787 scratches its tail on the runway, the airline has to replace the whole tail section, my suggestion to PIA is that they order 8 777-300ers, order a320/a321s and to wait and see how 787 functions in other airlines. airblue is interested in 787/a350 too
 
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according to some members on pakistan aviation forum, bhoja air is supposed to start its operations next week with 3 737-200s and 1 737-400
 
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bhoja air started its operations today, flying from karachi to islamabad with a 737-400 and 4 737-200s
 
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KARACHI: As a consequence of increasingly unprofessional and incompetent management, the fears regarding the devastation of the national airline are finally crystallising as the air safety certificate granted by the European Union (EU) to the PIA has been suspended with immediate effect. Sources have claimed that PIA’s Europe bound flights may also be cancelled in the near future.

EU suspends PIA safety certificate

yet another landmark blow for PIA, Great people to fly with. At least the 777's could have been in good shape!

Only if the people would have stopped doing political rallying and Unionizing PIA could the airline have been a bit better.
 
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they got their lesson for dancing and enchanting political party slogans on the airports across pakistan, i hope the new management kicks all of these retarded employees out and bring back the pia that we all want
 
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air indus plans to start following routes
Bahawalpur
Dera Ghazi Khan
Faisalabad
Islamabad
Karachi
Lahore
Multan
Peshawar
Quetta
Sialkot
Skardu
DSCN0206-1.jpg
 
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The main reason why Pakistan may have chosen the "extended Range" option is to cut the need to land and service in Middle of Europe and instead focus on DIRECT flights

a) Cut the European Airport Tax
b) Cut the overhead for other Fees


Also the Extended range , allows PIA - to give more direct flights faster shorter experience to customers and there is no RISK of European Embargo on PIA as it happened before , costing Billions in lost revenue to PIA in short term and long term - view of brand name of PIA in public's view

European sanctions tarnished PIA reputations that it was

a) Not Safe
b) Not well furnished for entertainment
c) Not on reliable

So , this move to get 5 new Long Range Boeing will go a long way to enhance view of PIA in International Market
and also additional 10 more planes will help move PIA to new horizons
 
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