Boeing Co. (BA: Quote) on Monday announced a firm order for five 777-300ER airplanes from Pakistan International Airlines.
Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs.
In 2002, Pakistan's flag carrier became the world's first airline to purchase all three passenger models of the 777 Family and in that year was also the launch customer for the 777-200LR (longer range) airplane.
Boeing said that 2011 was the best-selling year for the 777 program with a net order book of 200, surpassing the previous record of 154 orders set in 2005.
by RTT Staff Writer
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