Negotiations will be held with the Boeing Company for the purchase and lease of 15 new Dreamliner wide-body 787-8 and 787-9 aircraft and an option for the purchase of 13 additional planes. The First Aircraft Will Arrive in Mid-2017.

CEO David Maimon: “I am proud to announce the largest fleet renewal plan in the history of EL AL. The Board of Directors today approved negotiations with the Boeing Company for the purchase and lease of 15 aircraft during the coming five years. This step is expected to be a major breakthrough in optimization of our route network as well as in customer service and the flight experience.

"During the next five years, these aircraft will replace the 747-400 and 767 fleets. They are intended for EL AL's medium- and long-range destinations (New York, Boston, Toronto, Beijing, Mumbai, South Africa and other destinations). The Dreamliner, the most innovative and advanced aircraft in the world, have many operational advantages including fuel efficiency and low maintenance costs".

Maimon added: "We will continue to maintain our position as a leading airline and as the first choice for travel to and from Israel, offering passengers maximum comfort, innovative technology, advanced aircraft and a high level of service. I am certain that this step constitutes a major opportunity to maintain the high standards expected of us and to continue EL AL's renewal impetus".