S7 places $2.4bn order

Boeing and Russia’s S7 Group have announced an order worth $2.4bn for 15 Boeing 787 Dreamliners and purchase rights for 10 additional 787s. S7 Group subsidiary S7 Airlines will operate the Dreamliners, replacing S7’s fleet of aging twin-aisle airplanes.

With this announcement, S7 becomes the first Russian carrier to order the 787 Dreamliner. At a press conference in Moscow, S7 Airlines said the new 787s will allow the airline to increase frequencies and add new destinations domestically and internationally.

Boeing claims the 787 produces 20 percent fewer CO2 emissions and has a 60 percent smaller noise footprint on takeoff and landings than other airplanes in its size and range category.

Rollout and first flight of the 787 are scheduled for later this year, followed by entry into service in May 2008. Forty-five customers worldwide have placed 584 orders for the 787 since its launch in April 2004, making the Dreamliner the world’s fastest-selling commercial airplane.