Air Berlin Places Orders for 75 Boeing Next-Generation 737s

Released on Tuesday, November 28, 2006

The Boeing Company [NYSE: BA] is delighted that German airline Air Berlin intends to purchase 60 Boeing Next-Generation 737-800s and is also identifying an order placed earlier this year for 15 737-700s. The combined value of the 75 airplanes is $5.1 billion at list prices. Air Berlin and Boeing are in the process of finalizing the order for the 60 airplanes. The 15 737-700s were purchased by German airline dba and previously accounted for on the Boeing Orders & Deliveries Web site, but were not identified. Since then, dba has been acquired by Air Berlin.

Air Berlin also has 10 unfilled 737-700s from a dba order announced in 2005. Consequently, Air Berlin expects to take delivery of a total of 85 737s, starting in November 2007. All 85 737s will be equipped with Blended Winglets, which significantly improve fuel efficiency.

When finalized, this will be the largest 737 order in German aviation history. Air Berlin is Germany's largest low-cost carrier.