Boeing wins $916 mln order from Monarch Air
Monarch’s shareholders have placed an order for six of the new aircraft, worth US$916 million at list prices, with purchase rights on a further four. The company’s current long-haul fleet is comprised of Airbus A330, A300 and Boeing 767 aircraft. The 787 aircraft, which are scheduled for delivery from the end of 2010, incorporate revolutionary cabin designs and will offer passengers improved onboard comfort with wider seats, seat back monitors, improved air conditioning, bigger windows, more stowage space, improved lighting and an altogether enhanced environment. Using 20% less fuel per passenger than similarly sized aircraft, the Boeing 787 is also designed for the environment with lower emissions and quieter takeoffs and landings.
Monarch’s CEO, Peter Brown commented, After months of extensive evaluation, we are delighted to have concluded that the Boeing 787-8 Dreamliner is the ideal aircraft to replace Monarch’s existing fleet of wide-bodied aircraft. With delivery scheduled between 2010 and 2013, we are confident that their introduction into our fleet will provide us with an unbeatable product offering and greatly enhance the onboard passenger experience on our flights. Also commenting on the announcement, Marlin Dailey, senior vice president of Sales for Europe, Russia and central Asia, Boeing Commercial Airlines said, The 787 has proven appeal in the long-haul leisure market, with faster cruise speeds enabling shorter sector times on flights. Monarch passengers will now be able to take advantage of these as well as benefiting from the cabin enhancements within the aircraft, making for an all-round improved flying experience. Monarch currently operates a fleet of 28 aircraft, serving over 100 destinations world-wide. Services are split between scheduled and charter flights, with the airline carrying over 6 million passengers per year. (Bloomberg, flymonarch.com)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.