LAN Airlines completes deal for 32 Boeing 787s and Four 777 Freighters

Chile's LAN Airlines has ordered 26 787 Dreamliners from Boeing, and  will lease an additional six 787-9s from International Lease Finance Corp. In addition to the Dreamliner order, LAN has also committed to acquiring four 777 Freighters - two from Boeing and two to be leased from GE Commercial Aviation Services (GECAS).

The order for 26 Dreamliners, consisting of a mix of 787-8s and 787-9s, is worth approximately US$ 4.5 billion at published list prices. The two 777 Freighters are similarly valued at approximately US$ 500 million.

"This order reaffirms support for Boeing's Dreamliner from the largest and one of the most profitable airlines in Latin America," said John Wojick, Boeing Commercial Airplanes vice president, Sales, Latin America and the Caribbean. "With the 787, LAN will be able to provide its passengers with the very best in long-range air travel, including larger windows, higher cabin humidity, more space and a lower cabin altitude."

Thus far, two other Latin American carriers have committed to the 787 Dreamliner: Aeromexico, with three leased, two purchased, and Colombia's Avianca, which has ordered 10.

The Boeing 787 Dreamliner is scheduled for entry into service in 2008. Thus far, 51 airlines have logged 736 orders for the new aircraft.

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