Air New Zealand has signed an order for eight Boeing 787-10 Dreamliners worth $2.7 billion at list prices. The deal includes options for 12 more 787’s which could see the total order rise to 20 aircraft, as well as substitution rights which would allow the carrier to swap same 787-10s for 787-9s if required.
The deal to replace Air New Zealand’s aging 777-200 fleet was hotly contested with Airbus fielding the A350 and Boeing fielding the 787 and 777X.
The airline will equip these aircraft with General Electric GEnx engines. The airline’s existing fleet of 13 787’s operate with Rolls-Royce Trent engines which have proved problematic for the airline.
The aircraft will join the airline’s fleet between 2022 and 2027 and will leave the carrier with an all Boeing wide-body fleet of 787-9s, -10’s and 777-300ERs.
Christopher Luxon, CEO, Air New Zealand
“This is a hugely important decision for our airline. With the 787-10 offering around 15 percent more space for both customers and cargo than the 787-9, this investment creates the platform for our future strategic direction and opens up new opportunities to grow, The 787-10 is longer and even more fuel efficient. However, the game changer for us has been that by working closely with Boeing, we’ve ensured the 787-10 will meet our network needs, including the ability to fly missions similar to our current 777-200 fleet.”