Boeing Delivers 700th 777 Airliner

Released on Monday, March 03, 2008

EVERETT, Wash., March 03, 2008 -- The Boeing Company [NYSE: BA] Friday delivered its 700th Boeing 777 airplane, a 777-300ER (Extended Range), to International Lease Finance Corp. (ILFC) and its customer, Cathay Pacific Airways. The 777 Program reached this milestone after 12 years in service -- faster than any other twin-aisle airplane program in commercial aviation history. ILFC has ordered 79 Boeing 777s since 1992 and the airplane delivered today is its 74th, which makes ILFC the world's largest 777 customer.

Cathay Pacific now operates 24 777s, with 23 more 777-300ERs scheduled to be delivered. The airplane delivered Friday will join the airline's fleet of six 777-300ERs, 12 777-300s, five 777-200s and 24 747-400s in passenger service.

The airline also currently operates six 747-400 Freighters, six 747-400 Boeing Converted Freighters (BCF) and seven 747-200 Freighters, with six 747-400ER Freighters and 10 of Boeing's new 747-8 Freighters on order.

Dragonair, Cathay Pacific's sister airline, operates another eight 747 Freighters -- a 747-200F, three 747-300SFs (Special Freighters) and four 747-400BCFs.

The 777 family of airplanes is the market leader in the 300-to-400-seat segment. Since the first 777 went into service in June 1995, Boeing has continually grown the 777 family to include five passenger models and a freighter version. To date, Boeing has orders for 1,060 777 jetliners, with 55 customers around the world that own or operate the efficient and passenger-pleasing twin-aisle airplane.