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Boeing, Aeromexico Finalize Dreamliner Order

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27-Dec-2012 Boeing (NYSE: BA) and Aeromexico (BMV: AEROMEX) finalized an order for six 787 Dreamliners, with reconfirmation rights for four additional Dreamliners. The firm order by Mexico's largest airline, which was first announced as a commitment in July, is valued at more than $1.2 billion at published list prices.

"The acquisitions of these Boeing 787-9 Dreamliners, that are part of the set of 100 aircrafts announced previous this year, represent a fundamental step that strengthens the international position and leadership of Grupo Aeromexico. It also reaffirms the company's commitment to provide the best service to our clients, assuring them that they will be treated with the best crew and will fly with the best aircraft ever built," said Andres Conesa , Aeromexico's CEO.

Andres Conesa also stated that: "With this successful purchase, Grupo Aeromexico will have a total of 19 Boeing 787 Dreamliners in its fleet, whose first delivery is expected to be in the summer of 2013. The arrival of these aircrafts will surely increase the added value of our assets and will also reinforce our operative structure, giving us the flexibility to continue growing."

"Aeromexico continues to show it is a leader in aviation in Latin America and across the globe," said Van Rex Gallard , Vice President of Sales for Latin America, Africa, & Caribbean, for Boeing Commercial Airplanes. "These additional 787s will help Mexico's largest airline expand its international presence with a stellar product for its valued customers. The Dreamliner will allow Aeromexico to provide the highest level of service to its passengers, while taking advantage of the airplane's unmatched economics."

Made primarily from composite materials, the Boeing 787 Dreamliner is the first mid-size airplane capable of flying long-range routes and will allow Aeromexico to replace older aircraft on its European, Asian and South American routes. As a result of innovative technologies, the airplane offers unparalleled operating economics, fuel efficiency and passenger comfort. More than 800 787s are on order by 58 customers, a testament to the airplane's unique capabilities.

Aeromexico operates an all-Boeing fleet for airplanes larger than 100 seats. Grupo Aeromexico, the parent company of Aeromexico, operates its main hub out of the Mexico City International Airport. In 2011 the Group transported more than 14 million passengers and offered close to 600 daily flights to different cities in Mexico, the United States, Canada, Central and South America, as well as Europe and Asia.

About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V., is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. It has a fleet of Boeing 777, 767, 737 and the latest models of Embraer 145, 170 and 190. As of 2011, an important expansion plan began that includes the incorporation of 20 new planes and properties over the next 24 months. In 2012, Aeromexico announced that it signed a letter of intent to purchase 100 Boeing aircraft, 90 Boeing 737 Max and 10 Boeing 787-9 Dreamliner, making it the largest investment program in Mexican aviation history.

Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City International Airport. The Group's airlines operate around 600 daily flights to different cities in Mexico, the United States, Canada, Central and South America, as well as Europe and Asia.

Aeromexico is a founding member of SkyTeam, the global airline alliance comprised of the following 19 airlines: Aeroflot, Aerolineas Argentinas, Air Europa, Air France, Alitalia, China Airlines, China Eastern , China Southern, CSA Czech Airlines, Delta Air Lines, Kenya Airways, KLM Royal Dutch Airlines, Korean Air, Middle East Airlines, Saudia, TAROM Romanian Air Transport, Vietnam Airlines and Xiamen Air. SkyTeam offers all partner airline passengers a large global network with more destinations and frequencies, and improved connectivity. Passengers can accrue and redeem miles with the different partners' loyalty programs and enjoy the convenience provided at 525 airport lounges worldwide. SkyTeam offers its 552 million annual passengers more than 15,000 daily flights to 1,000 destinations in 187 countries. www.skyteam.com