Boeing, SWISS Announce Commitment for Six 777-300ERs

- Airplanes selected by Lufthansa Group for long-haul fleet renewal of Swiss International Air Lines

ZURICH, March 14, 2013 /PRNewswire/ -- Boeing [NYSE: BA], the Lufthansa Group and Swiss International Air Lines (SWISS) announced a commitment today for six 777-300ER (Extended Range) airplanes. The airplanes, valued at $1.9 billion at list prices, were selected for the airline's long-haul fleet renewal. Boeing looks forward to working with SWISS to finalize the details, at which time the order will be posted to the Boeing Orders & Deliveries website.

"The Boeing 777-300ER is the ideal size and range to meet our Swiss market needs," said Harry Hohmeister, chief executive officer of SWISS. "We have made a landmark decision to further invest in an advanced aircraft fleet to retain our competitive edge over many of our competitors who are operating aircraft with more than 300 seats on similar routes."

"The 777-300ER is a favorite among the world's leading airlines, bringing unrivaled twin-engine efficiency and reliability to the long-range market," said Todd Nelp, vice president of European Sales, Boeing Commercial Airplanes. "We are honored by SWISS's decision to put the 777-300ER at the forefront of its fleet renewal and look forward to playing a key role in its future success."

The Boeing 777-300ER is the largest long-range twin-engine commercial airplane in the world, seating up to 386 passengers in a three-class configuration and has a maximum range of 7,825 nautical miles (14,490 km).

"With the 777-300ER, SWISS's passengers will experience the most spacious interior cabin ever developed," said Bob Whittington, vice president and chief project engineer for the 777 Program. "With these airplanes, SWISS will be able to offer wider seats, wider aisles, more headroom and more seating flexibility." SWISS is part of the Lufthansa Group and currently serves 69 destinations across 37 countries worldwide from Zurich, Basel and Geneva international airports with a fleet of more than 90 narrow and wide-body airplanes.