DBA to purchase 40 Boeing 737-700 and 737-800 aircrafts

DBA has announced that they have signed on an agreement with Boeing to purchase as many as 40 Boeing 737-700 and 737-800 aircraft. The plan is to renew its fleet and aim to become the leading point-to-point airline on routes within Germany. The cost of these aircrafts at market price comes to around $2.4 billion.

These planes are expected to be delivered between 2008 and 2010 as per a statement released by the company. In fact, DBA is in so much hurry to get their new planes that they are going to talk with other Boeing customers about the possibility of taking on their orders. They want to get hold of some of the planes as early as next year.

DBA supervisory board Chief Hans Rudolf Woehrl said in a statement: “We want to continue to grow and so have signed an agreement to buy 40 Boeing 737-700 and 737-800s.” DBA is also planning for a possible initial public offering, which could come as soon as 2007. This is to finance for the new orders. They have however secured the first five aircraft.

DBA currently has a working fleet of 27 Boeing 737 and Fokker 100 planes.