Pak Airlines to buy 5 Boeing airplane worth $1.5 bn Washington Pakistan's national career has placed a firm order for five 777-300ER Boeing airplanes valued at nearly $1.5 billion at list prices, the company said.

The order also includes purchase rights to Pakistan International Airlines (PIA) for five additional 777-300ERs, Boeing said in a statement.

"We are proud that Pakistan International Airlines is a special Boeing customer that continues to invest and trust in the industry-leading capabilities of the 777 family of airplanes," said Marty Bentrott, vice president of Sales for the Middle East, Russia and Central Asia, Boeing Commercial Airplanes.

"The spacious 777-300ER has been an integral part of our long-range fleet renewal program and its excellent operating economics, long range capability and reliability will allow us to expand into new long-haul markets," said PIA Managing Director Capt Nadeem Yousufzai....more    
11:05 AM, Feb 22, 2012