Israel's El Al buys 4 Boeing 777s for $540 million

17 Mar, 2008

El Al Israel Airlines said on Sunday it had ordered four Boeing Co 777-200ER planes for $540 million. The passenger aircraft with 279 seats will be equipped with Rolls Royce engines and used on medium- and long-haul routes. Three will be delivered in 2012 and one in January 2013.
El Al announced last Wednesday that it was in talks with Boeing to buy the planes. The order was signed on Sunday in El Al's offices. The carrier said it would have the option to convert its purchase to 777-300 jets, which have 350-400 seats, with a decision to be taken by year-end. El Al operates an all Boeing fleet, including six 777 aircraft. The airline recently purchased two 777s which are used on flights to the United States and Asia.

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