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Boeing receives order from TAAG for three 777-300ER Airplanes
[April 10, 2012]

Boeing receives order from TAAG for three 777-300ER Airplanes

Apr 10, 2012 (Datamonitor via COMTEX) -- Boeing has received an order from TAAG Linhas Aereas de Angola, or Angola Airlines, to deliver three additional 777-300ER or Extended Range airplanes. The order, valued at $895 million at list prices, which also includes purchase rights for these additional 777-300ERs.

"Boeing and TAAG share a strong partnership dating back more than 37 years. We continue to build on that relationship to ensure we share the next 35 years together," said Van Rex Gallard, vice president of Sales for Africa, Latin America, and Caribbean, Boeing Commercial Airplanes. "TAAG operates an all-Boeing fleet and adding three more 777s to its fleet will help TAAG continue to meet its growing demand with products designed for passenger comfort and airline profitability." "As we prepare our airline to meet increased demand for travel to and from Angola, adding three more Boeing 777-300ERs to our current fleet of five 777s will keep us well positioned as one of Africa's leading airlines," said TAAG Chairman Dr Antonio Luis Pimentel Araujo. "Our customers prefer the comfort of the Boeing airplanes, particularly the 777, and we are proud to add more of what our customers want to our fleet." TAAG will continue its route network by using the new airplanes for route expansion including direct routes to Rio de Janeiro and Sao Paulo, Brazil, Lisbon and Oporto, Portugal and other European destinations. TAAG currently operates three 777-200ERs and two 777-300ERs from Luanda, Angola to Lisbon ten times weekly, to Beijing once a week, to Dubai twice weekly, to Sao Paulo four times a week and to Rio de Janeiro three times weekly.

"The addition of these airplanes to TAAG's fleet will further position our national flag carrier to effectively compete with all the foreign carriers that want to serve the Angola market," said Dr Augusto da Silva Tomas, Minister of Transports. "TAAG's fleet will thus be a critical component of Angola's transportation network and a major contributor to the Angolan economy as a critical foreign revenue earner to our growing economy." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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