Tuesday, February 8, 2011

El Al to add Boeing 737-900ER to fleet

Israeli airline El Al airline said it was buying four new Boeing 737-900ER planes with option for two more jets of the same type.

The value of the deal for up to six aircraft is between USD$215 million - USD$320 million, a company statement said on Tuesday.

El Al, which operates an all Boeing fleet, owns 14 737 aircraft and with the purchase it will raise its short- and medium-haul fleet to 18 planes.

El Al said it has another option to purchase two more Boeing aircraft.

The new aircraft are set to replace El Al's fleet of medium-haul 757 airliners which the company plans to phase out gradually, the statement said.

El Al chief executive Eliezer Shkedi said the company was continuing to replenish its fleet. He added that the purchase was intended to meet the growing customer demand on various routes and would allow the company to improve its quality of service.


(Reuters)

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