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Ethiopian Airlines Orders Nine Boeing 787-9 Dreamliners for Fleet Expansion

Ethiopian Airlines orders nine Boeing 787-9 Dreamliners and finalizes 11 737 MAX 8 jets to support fleet growth and route expansion under Vision 2035.

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This article is based on an official press release from Boeing and Ethiopian Airlines.

Ethiopian Airlines Expands Long-Haul Capabilities with New Boeing Order

On January 20, 2026, Boeing and Ethiopian Airlines announced a significant agreement for the purchase of nine 787-9 Dreamliners. In addition to the widebody acquisition, the carrier confirmed the finalization of an order for 11 737 MAX 8 jets, solidifying its commitment to modernizing both its long-haul and regional fleets.

According to the joint statement released by the manufacturer and the airline, this deal is a pivotal component of Ethiopian Airlines’ “Vision 2035” strategic roadmap. The plan aims to dramatically increase the carrier’s fleet size and route network over the next decade. By selecting the 787-9, the airline continues to operate the largest Dreamliner fleet in Africa, leveraging the aircraft’s efficiency to open new routes and increase frequency on existing long-haul services.

Deal Specifics and Fleet Modernization

The agreement encompasses two distinct aircraft types, addressing different segments of the airline’s operational needs. While the 787-9s represent new growth, the 737 MAX portion of the announcement serves as the formal completion of a commitment originally made at the Dubai Airshow in November 2025.

Expanding the Widebody Fleet

The core of this announcement is the firm order for nine Boeing 787-9 Dreamliners. The 787-9 is the “stretched” variant of the Dreamliner family, offering greater passenger capacity and range compared to the 787-8, which Ethiopian Airlines was the first to introduce to the African continent.

Industry data indicates that deliveries for these widebody jets are scheduled to commence in 2031 and continue through 2033. The acquisition aligns with the carrier’s sustainability goals, as the new jets are expected to reduce fuel use and emissions by approximately 25% compared to the older models they will replace.

“This order underscores our continued commitment to enhancing our fleet with modern, fuel-efficient aircraft, thereby further strengthening our customer service. We will continue to acquire more aircraft and adopt the latest technologies as part of our strategic vision to advance sustainable aviation.”

, Mesfin Tasew, Group CEO of Ethiopian Airlines

Finalizing the Narrowbody Commitment

Alongside the widebody order, the airline has finalized the purchase of 11 Boeing 737 MAX 8 jets. These aircraft are intended for short-to-medium haul routes and will complement the carrier’s existing narrowbody fleet. The 737 MAX 8 offers improved fuel efficiency and range over previous-generation 737s, supporting high-frequency regional connections across Africa and to the Middle East.

Strategic Context: Vision 2035

This procurement is directly tied to Ethiopian Airlines’ ambitious “Vision 2035” growth strategy. Publicly available details regarding the roadmap outline a target of expanding the fleet from approximately 168 aircraft to over 270 units by 2035. Furthermore, the airline aims to grow its network to more than 200 international destinations, with a focus on markets in Australia, Southeast Asia, and the Americas.

To support this expansion, the airline is also investing in infrastructure, including the development of a new $6 billion mega-airport in Bishoftu. Once completed, this facility is projected to handle up to 100 million passengers annually, necessitating a substantial increase in fleet capacity.

AirPro News Analysis

Maintaining a Dual-Manufacturer Strategy

While this order highlights a strong partnership with Boeing, it is important to note that Ethiopian Airlines maintains a diversified fleet strategy. The carrier operates a significant number of Airbus A350-900s and has orders for the larger A350-1000. By balancing orders between major manufacturers, the airline mitigates delivery risks and maintains leverage in negotiations.

However, the continued investment in the 737 MAX and 787 families signals confidence in Boeing’s products despite historical challenges. For Boeing, securing this order from Africa’s largest and most profitable carrier is a crucial endorsement as it seeks to stabilize its production backlog and reaffirm its market position in 2026.

Frequently Asked Questions

What is the estimated value of the deal?
While the exact purchase price is confidential and typically involves significant discounts, the deal is valued at approximately $3.9 billion at list prices. This estimate includes ~$2.6 billion for the nine 787-9s and ~$1.3 billion for the 11 737 MAX 8s.

When will the new aircraft be delivered?
Deliveries for the Boeing 787-9 Dreamliners are scheduled to begin in 2031 and run through 2033. The 737 MAX 8 deliveries are part of an ongoing narrowbody expansion.

Does this order replace existing aircraft?
The new aircraft are intended for both growth and replacement. They will help phase out older models, such as the Boeing 767, while also providing the additional capacity needed to meet the targets set in the Vision 2035 roadmap.

Sources

Photo Credit: Boeing

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Commercial Aviation

Riyadh Air Launches First Domestic Flights to Jeddah

Riyadh Air began Riyadh-Jeddah domestic service on June 14, 2026, using Boeing 787-9 aircraft on one of the world’s busiest routes.

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Riyadh Air officially commenced its first domestic operations on June 14, 2026, launching service between King Khalid International Airport (RUH) and King Abdulaziz International Airport (JED) with its Boeing 787-9 Dreamliner fleet.

The inaugural flight, designated RX0011, departed the Saudi capital at 9:00 AM local time and arrived in Jeddah at 10:50 AM. In a press release issued to mark the occasion, the carrier framed the new route as a critical component of Saudi Arabia’s National Transport and Logistics Strategy and the broader Vision 2030 initiative, catering to business, tourism, and religious travel.

Schedule ramp-up and market demand

The airline is initiating the RUH-JED corridor with two daily flights. According to schedule data reported by Arabian Business, Riyadh Air will increase this frequency to three daily flights on June 18, 2026, and expand to four daily flights by July 2, 2026.

The capacity addition enters one of the most heavily trafficked domestic aviation markets in the world. In 2025, the Riyadh-Jeddah route recorded 9.8 million seats, ranking it as the fifth busiest domestic corridor globally.

Riyadh Air Chief Executive Officer Tony Douglas highlighted the strategic importance of the corridor for the new national carrier.

“The launch of our new service to Jeddah marks another historic moment in our journey to increase connectivity to Riyadh. This route has been carefully selected to serve a key market for business and cultural travel, aligning with our ambition to become a global airline and a significant contributor to Vision 2030.”

Network integration and hub strategy

The domestic launch follows closely behind Riyadh Air’s inaugural international commercial flight to London Heathrow Airport (LHR). Industry publication LARA reported that the new domestic service is designed to position Riyadh as a primary transport hub, facilitating connections for passengers traveling from Jeddah to planned global destinations including Dubai, Cairo, Madrid, and Manchester.

The expansion requires close coordination with airport operators. Eng. Mazen bin Mohammed Johar, Chief Executive Officer of Jeddah Airports Company (JEDCO), stated that the inaugural flights reflect an advanced level of collaboration across the Saudi aviation sector. He noted the service strengthens air connectivity between the two cities while expanding travel options for passengers.

AirPro News analysis

We view Riyadh Air’s deployment of widebody Boeing 787-9 Dreamliner aircraft on a domestic route as a clear indicator of the sheer volume of demand between Riyadh and Jeddah. While operating twin-aisle aircraft on short-haul domestic sectors is relatively uncommon globally, the 9.8 million seats recorded on this route in 2025 justify the high-capacity gauge. This strategy allows the carrier to maximize slot utility at both RUH and JED while rapidly building the domestic feed necessary to sustain its expanding international long-haul network.

Sources: Riyadh Air

Photo Credit: Riyadh Air

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Commercial Aviation

AirSWIFT Flights Transfer to Cebgo from July 2026

Cebu Pacific completes its PHP 1.75B AirSWIFT acquisition as all flights move to Cebgo from July 1, 2026.

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Starting July 1, 2026, all flights previously operated by Philippine boutique Airlines AirSWIFT will transition to Cebu Pacific’s regional subsidiary, Cebgo. The operational shift marks the final integration phase following Cebu Pacific’s PHP 1.75 billion Acquisitions of AirSWIFT in late 2024, consolidating the group’s turboprop network under a single brand.

In an official advisory issued on June 15, 2026, Cebu Pacific Air confirmed that the AirSWIFT brand will be gradually retired. The most immediate passenger-facing change involves the flight designator code, which will switch from AirSWIFT’s “T6” to Cebgo’s “DG” across all booking and airport systems.

Operational continuity and fleet integration

Despite the brand retirement, Cebu Pacific stated that the transition will not affect existing flight schedules, timings, or Commercial-Aircraft assignments. AirSWIFT operates a fleet of ATR 42-600 and ATR 72-600 turboprops, which align directly with Cebgo’s existing regional fleet profile.

The integration secures Cebu Pacific’s footprint in premium domestic leisure markets. AirSWIFT historically specialized in routes connecting key Philippine tourist destinations, including El Nido, Boracay, Bohol, Cebu, Coron, and Clark. By moving these flights under the Cebgo operation, the parent company streamlines its regulatory and operational overhead while maintaining service on established routes.

Phased acquisition timeline

The July 2026 operational transfer concludes a multi-year acquisition process. Cebu Pacific initially announced the purchase of AirSWIFT from ALI Capital Corporation, a subsidiary of Ayala Land Inc., on October 7, 2024. The transaction was valued at approximately $31 million (PHP 1.75 billion), according to reporting by Aviation Week.

The airlines completed the migration of AirSWIFT’s booking systems into the Cebu Pacific platform on March 24, 2025. With the final operational handover to Cebgo, airport announcements and flight displays will cease using the AirSWIFT name. Cebu Pacific noted it is prioritizing regulatory-required updates during the phase-out period.

AirPro News analysis

We view the absorption of AirSWIFT into Cebgo as a logical conclusion to the 2024 acquisition. Operating two distinct regional turboprop brands within the same parent company creates unnecessary duplication in maintenance, crew training, and regulatory compliance. By folding the El Nido and Coron routes into Cebgo’s established ATR network, Cebu Pacific maximizes fleet utilization while maintaining a strong hold on several high-yield leisure routes previously cultivated by Ayala Land.

Sources: Cebu Pacific Air

Photo Credit: ATR

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Aircraft Orders & Deliveries

Aviation Capital Group Moves HQ to Newport Beach in 2026

ACG relocates to a LEED Gold facility in Newport Beach as it extends a $3.1B credit line and manages a 121-aircraft 737 MAX backlog.

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Aviation Capital Group LLC (ACG) has relocated its global headquarters to a modernized facility in Newport Beach, California, upgrading the corporate footprint of the largest full-service aircraft lessor headquartered in the Americas.

In a press release issued on June 15, 2026, the company confirmed its move to the 16th floor of 520 Newport Center Drive. The transition keeps ACG in the city where it was founded in 1989, while shifting operations to a LEED Gold and ENERGY STAR certified building designed to support the lessor’s broader sustainability initiatives.

Maintaining a Newport Beach legacy

The relocation marks the first major headquarters move for the Tokyo Century Corporation subsidiary since it occupied its previous office space in 2014. While the company maintains a significant international presence with offices in Miami, Dublin, and Singapore, executive leadership emphasized the strategic and historical importance of remaining in Southern California.

“As the largest full-service aircraft lessor headquartered in the Americas, our relocation to 520 Newport Center Drive marks an exciting next chapter for ACG. This move gives our team a workplace that supports how we work today, while positioning us for the next phase of growth and reinforcing our continued commitment to serving airline customers around the world.”

Thomas Baker, Chief Executive Officer and President of ACG, noted in the release that Newport Beach remains central to the company’s identity despite its global reach. As of March 31, 2026, the lessor’s portfolio included approximately 500 owned, managed, and committed aircraft leased to roughly 90 airlines across 50 countries.

Fleet expansion and financial restructuring

The headquarters relocation follows a series of major financial and operational moves by ACG during the first half of 2026. On June 10, 2026, the company announced the amendment and restatement of its senior unsecured revolving credit facility. The agreement extended the final maturity date of the $3.1 billion facility from June 2028 to June 2030, securing long-term liquidity for future aircraft acquisitions.

That financial runway supports an aggressive delivery schedule. On January 13, 2026, ACG finalized a firm order for 50 Boeing 737 MAX jets, split evenly between the Boeing 737-8 and Boeing 737-10 variants. The transaction increased the lessor’s total Boeing 737 MAX order book to 121 aircraft.

Deliveries from that backlog are actively entering service. On March 31, 2026, ACG handed over the first of six new Boeing 737-8 aircraft to Royal Air Maroc, with the remaining five airframes scheduled for delivery to the North African carrier through the end of 2026.

AirPro News analysis

We view ACG’s headquarters relocation as a physical manifestation of its recent stabilization and growth strategy. By securing a $3.1 billion credit extension just days before announcing the move, the lessor has effectively locked in both the capital and the corporate infrastructure required to manage its expanding 121-aircraft Boeing 737 MAX backlog. Upgrading to a LEED Gold facility also aligns with the increasing environmental, social, and governance (ESG) reporting requirements demanded by global financial institutions backing the aviation leasing sector.

Sources: PR Newswire, Aviation Capital Group

Photo Credit: Aviation Capital Group

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