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Boeing, Cathay Pacific Airways Finalize Contract for Six 777-300ERs

SEATTLE, Sept. 22 — Boeing and Cathay Pacific Airways today announced the Hong Kong-based carrier has exercised existing purchase rights for six additional Boeing 777-300ERs (extended range).

The six new airplanes, with an estimated value of US$1.6 billion at Boeing list prices, will increase Cathay Pacific’s 777-300ER future fleet from 30 to 36.
Cathay Pacific, one of the world’s largest operators of the popular jetliner, also operates 12 Boeing 777-300s and five 777-200s.

“Cathay Pacific is a valued long-time Boeing customer. The global reach of Cathay Pacific’s 777 fleet showcases the airplane’s exceptional performance features and its passenger appeal around the world,” said Marlin Dailey, vice president of Sales for Boeing Commercial Airplanes. “This additional commitment from a world-class operator like Cathay Pacific is a testament to the greater efficiency, economics and reliability of the 777-300ER.”

Cathay Pacific first announced its selection of the 777-300ER in 2005. This announcement is Cathay Pacific’s fourth increase in its acquisition plans for the long-range jetliner.

“We are very pleased to confirm this purchase of six more Boeing 777-300ERs – a superb aircraft that already has significantly enhanced our operations on key long-haul routes,” said Cathay Pacific Chief Executive Tony Tyler. “We have been very impressed by the operating economics of these aircraft, while their high efficiency has resulted in a reduced environmental impact. As we continue to enhance our fleet, the 777-300ER will play a crucial role in our operations in the years to come.”
The Boeing 777 is the world’s most successful twin-engine, long-haul airplane. The 777-300ER extends the 777 family’s span of capabilities, bringing twin-engine efficiency and reliability to the long-range market.

Boeing incorporated several performance enhancements for the 777-300ER, extending its range and payload capabilities. Excellent performance during flight testing, combined with engine efficiency improvements and design changes that reduce drag and airplane weight, contributed to the increased capability.

In addition to Boeing 777s, Cathay Pacific operates 47 747-400s in both passenger and cargo versions. The airline also has ordered 10 Boeing 747-8 Freighters. The highly efficient new cargo airplane will augment the airline’s fleet of 25 747 Freighters used to connect Hong Kong to a wide range of international markets.
Sixty-one customers around the world have ordered more than 1,100 777s.

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    Press Release: Boeing’s Houston Site Achieves Additional Environmental Certification

    HOUSTON, Dec. 7, 2009 — The Boeing Company [NYSE: BA] today announced that its Houston site recently received Leadership in Energy and Environmental Design (LEED) Gold certification, the latest official recognition of the site’s efforts to improve its environmental performance. The U.S. Green Building Council’s LEED certification system is the foremost program for the design, construction and operation of green buildings. The certification process reviews energy, lighting, water and material use, and a variety of other sustainable strategies.

    The LEED Gold certification was awarded to the Houston facility’s Bay Area Boulevard building in September in the category of “existing buildings.” The site also earned International Organization for Standardization (ISO) 14001 certification in September and an ENERGY STAR rating for the Bay Area Boulevard building in December 2008. The Bay Area Boulevard building is a 399,000-square-foot facility surrounded by wildlife at the border of metropolitan Houston and the wetlands of the Texas Gulf Coast. Houston is the first Boeing site to carry all three environmental certifications and one of only seven Houston-area companies to have a LEED Gold-certified existing building.

    “These certifications lay the foundation for continually improving our site’s environmental performance for reducing pollution and waste, increasing recycling rates and improving energy efficiency,” said Brewster Shaw, vice president and general manager for Boeing Space Exploration. “Most importantly, they ensure our communities and our customers know that we’re doing our part to protect the environment.”

    By retrofitting the Houston site’s heating and cooling system and installing more efficient lighting and automated controls, Boeing has reduced energy consumption by more than 2 million kilowatt hours annually, or enough electricity to power about 170 average homes. The new heating and cooling system has saved the site $250,000 per year in energy costs since it was installed in 2007. The energy-efficient lighting system controls the building’s lighting automatically, based on peak employee occupancy hours. During off-peak hours, employees can call an automated number to have the lights turned on in their designated work area.

    The 21-acre site has more than 2,500 employees and serves as the headquarters for Boeing’s Space Exploration division, which includes the Constellation, International Space Station and Space Shuttle programs.

    The ISO 14001 environmental management system is a global standard — a common approach — to continually improve an organization’s environmental goals for reducing pollution and waste, increasing recycling rates and improving energy efficiency.
    ENERGY STAR — jointly sponsored by the U.S. Environmental Protection Agency and the U.S. Department of Energy — is dedicated to helping businesses and homeowners save money and protect the environment through energy-efficient products and practices. ENERGY STAR offers a proven energy-management strategy for companies by helping them measure current energy performance, set goals, track savings and reward improvements.

    A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world’s largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32 billion business with 70,000 employees worldwide.

    # # #
    Contact:
    Adam Morgan
    Boeing Space Exploration
    281-386-4396
    adam.k.morgan@boeing.com
    Ed Memi
    Boeing Space Exploration
    713-204-5464
    edmund.g.memi@boeing.com

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