El Al signs a lease agreement with Aercap for two Boeing 787s

El Al, Israel's national airline, has signed a lease agreement with Aercap for two Boeing 787 Dreamliners. The aircraft are scheduled to be delivered in 2025 and will be used to replace two older Boeing 777-200s in El Al's fleet.

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The 787 Dreamliner is a long-range, widebody aircraft that is known for its fuel efficiency and passenger comfort. It is the most popular widebody aircraft in the world, and El Al is the first Israeli airline to operate the 787. The two new 787s will be configured with 283 seats in a two-class layout, with 24 seats in business class and 259 seats in economy class. The aircraft will feature El Al's new cabin design, which includes new seats, lavatories, and an in-flight entertainment system.

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The addition of the two 787s will help El Al to modernize its fleet and improve its long-haul operations. The aircraft will also allow El Al to expand its network to new destinations, such as Los Angeles and San Francisco.

Quotes:

  • "We are pleased to welcome the Boeing 787 Dreamliner to our fleet," said David Maimon, El Al's CEO. "The 787 is a state-of-the-art aircraft that will provide our passengers with the highest level of comfort and service."
  • "We are proud to partner with El Al on this important order," said Aengus Kelly, CEO of Aercap. "The 787 Dreamliner is the perfect aircraft for El Al's long-haul operations, and we are confident that it will be a great success for the airline."

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Conclusions:

The addition of the two 787s is a significant investment for El Al. The aircraft are expensive, but they are also very fuel-efficient. This means that El Al will be able to save money on fuel costs, which will help to improve the airline's profitability. The 787s will also allow El Al to expand its network to new destinations. The aircraft has a long range, which means that they can fly to destinations that are not currently served by El Al. This will give the airline the opportunity to attract new passengers and grow its business. Overall, the addition of the two 787s is a positive development for El Al. The aircraft will help the airline to modernize its fleet, improve its long-haul operations, and expand its network.

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