Boeing and Sun PhuQuoc Airways Announce Order for Up to 40 787 Dreamliner Jets

Boeing (NYSE: BA) and new carrier Sun PhuQuoc Airways announced an order for up to 40 787-9 Dreamliner jets on Feb 18, 2026 to form the backbone of the airline's widebody fleet.

Rhea-AI Summary

Boeing (NYSE: BA) and new carrier Sun PhuQuoc Airways announced an order for up to 40 787-9 Dreamliner jets on Feb 18, 2026 to form the backbone of the airline's widebody fleet.

The 787-9's 7,565 nautical mile range is intended to connect Phu Quoc with cities across Asia, Europe and North America and support tourism growth on Phu Quoc island.

Positive

• Order for up to 40 787-9 Dreamliners
• 7,565 nm range enables long-haul routes to Asia, Europe and North America
• Largest Boeing widebody order in Vietnamese history
• 787 fleet track record: 535+ new nonstop routes and 1.2 billion passengers

Negative

• None.

Argus Feb 19 session

-2.18% close to close Open Argus

Details

News Market Reaction – BA

On Feb 19, the first trading day after this news, BA closed 2.18% below the previous close.

Data tracked by StockTitan Argus for the Feb 19 session.

Market Context

This announcement highlighted a major commitment from Sun PhuQuoc Airways, with an order for up to 4...

Analysis

This announcement highlighted a major commitment from Sun PhuQuoc Airways, with an order for up to 40 787 Dreamliners to anchor its long-haul strategy. It underscored the 787-9’s range of 7,565 nautical miles and the broader role of the Dreamliner family in launching over 535 new nonstop routes and carrying more than 1.2 billion passengers. Investors may track additional widebody orders, execution on deliveries, and Vietnam’s nearly 8% projected passenger growth for context.

Key Figures

787 Dreamliner order size: up to 40 jets 787-9 range: 7,565 nautical miles 787-9 range (km): 14,010 km +3 more

787 Dreamliner order size

up to 40 jets

Order by Sun PhuQuoc Airways for widebody fleet

787-9 range

7,565 nautical miles

Stated range for 787-9 aircraft

787-9 range (km)

14,010 km

Equivalent range for 787-9 aircraft

New nonstop routes

more than 535 routes

New nonstop routes launched by 787 family since 2011

Passengers carried

more than 1.2 billion

Passengers carried by global 787 Dreamliner fleet since 2011

Vietnam air travel growth

nearly 8% annually by 2030

Expected passenger growth rate in Vietnam

Historical Context

5 past events · Latest: Feb 18

5 events

1. Feb 18

   Aircraft order news

   24h Move

   -2.1%

   Vietnam Airlines finalized order for 50 Boeing 737-8 jets.

2. Feb 03

   Aircraft order news

   24h Move

   +0.1%

   Air Cambodia placed firm order for 10 737-8s plus 10 options.

3. Jan 29

   Aircraft order news

   24h Move

   -3.1%

   Air India ordered 30 737 MAX jets, expanding Boeing order book.

4. Jan 27

   Earnings results

   24h Move

   -1.6%

   Reported Q4 and 2025 results with $89.5B revenue and $682B backlog.

5. Jan 20

   Aircraft order news

   24h Move

   +0.5%

   Ethiopian Airlines ordered nine 787-9s and completed 11 737 MAX purchases.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

widebody, nautical miles, cabin altitude

3 terms

widebody technical

"backbone of its widebody fleet"

A widebody is a large commercial airplane with a wider fuselage and two passenger aisles, designed for long-haul flights and carrying more passengers or cargo than single-aisle planes. For investors, widebodies matter because they influence an airline’s capacity, route choices, fuel and maintenance costs, and revenue potential—think of them as the freight trucks of the sky versus smaller delivery vans, affecting profitability and fleet investment decisions.

nautical miles technical

"With a range of 7,565 nautical miles (14,010 km)"

A nautical mile is a unit for measuring distance at sea equal to 1,852 meters (about 1.15 land or “statute” miles), based on the Earth’s geometry. Investors watch nautical miles because they determine shipping and travel distances, which affect fuel costs, transit time, and access to offshore resources and regulatory zones — like using highway miles to estimate fuel, time and legal right-of-way for land transport.

cabin altitude technical

"air that is pressurized at a lower cabin altitude"

Cabin altitude is the effective air pressure inside a pressurized vehicle or aircraft expressed as the height above sea level that the air would correspond to; think of it like how 'high' the air in a cabin feels compared with being on the ground. Investors care because higher cabin altitude can affect passenger comfort, safety, regulatory compliance, and maintenance needs, which in turn influence airlines’ operating costs, equipment design choices, liability exposure, and customer satisfaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• New luxury airline makes first direct jet purchase to grow tourism and economy on Vietnam's largest island

WASHINGTON, Feb. 18, 2026 /PRNewswire/ -- Boeing [NYSE: BA] and Sun PhuQuoc Airways today announced the new Vietnam-based carrier has ordered up to 40 787 Dreamliner jets to serve as the backbone of its widebody fleet. The airline will leverage the ultra-efficient, long-range 787 Dreamliner to connect international travelers to its Vietnam hub at Phu Quoc International Airport.

"Our partnership with Boeing establishes a strong foundation for building a world-class airline that operates in sync with the tourism and resort ecosystem Sun Group has developed," said Dang Minh Truong, chairman of Sun Group, the airline's Vietnam-based parent company. "We selected the Boeing 787-9 not only for its superior operational performance, but because it is the most suitable aircraft type to realize our vision of bringing Phu Quoc to the world and bringing the world to Phu Quoc."

General Secretary To Lam and U.S. government representatives joined airline and Boeing leaders to recognize Sun PhuQuoc's previously unidentified purchase, which is the largest Boeing widebody order in Vietnamese history.

With a range of 7,565 nautical miles (14,010 km), the 787-9 will position Sun PhuQuoc Airways to efficiently connect Phu Quoc with major cities and other tourist destinations across Asia, Europe and North America.

The 787 Dreamliner delivers superior comfort to passengers with the largest windows of any widebody airplane flying today and air that is pressurized at a lower cabin altitude, allowing passengers to arrive at their destinations feeling more refreshed.

"We are excited to work with Sun PhuQuoc Airways as they join other global airlines in flying the 787 Dreamliner, which connects the most countries of any widebody fleet," said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. "The 787-9's unmatched range, fuel efficiency and passenger comfort will give the airline flexibility to open new long‑haul markets, lower operating costs and contribute to local tourism growth."

Since airlines began flying the 787 Dreamliner family in 2011, the global fleet has helped launch more than 535+ new nonstop routes globally and carried more than 1.2 billion passengers, further enhancing connectivity and expanding global travel options.

With Southeast Asia poised for significant air travel growth over the next 20 years, Vietnam is expected to be the region's fastest-growing aviation market with annual passenger growth of nearly 8% by 2030.

About Sun PhuQuoc Airways
As Vietnam's first airline named after an island, Sun PhuQuoc Airways is developed by Sun Group under a "resort aviation" model with a hub-and-spoke network strategy. The airline directly connects Phu Quoc to major domestic and international tourism and economic centers through non-stop flights, competitive fares, and a seamless experience integrated with the island's comprehensive ecosystem. With plans to expand its fleet to 100 aircrafts by 2030, Sun PhuQuoc Airways is well positioned to capture the next wave of premium tourism demand, contributing to the sustainable global rise of both Phu Quoc and Vietnam.

About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

Contact
Boeing Media Relations
media@boeing.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/boeing-and-sun-phuquoc-airways-announce-order-for-up-to-40-787-dreamliner-jets-302692161.html

SOURCE Boeing

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sun PhuQuoc Airways order from Boeing (BA) on February 18, 2026?

Sun PhuQuoc Airways ordered up to 40 Boeing 787-9 Dreamliner widebody jets as fleet backbone. According to Boeing, the order positions the carrier to run long‑range international routes from Phu Quoc.

How far can the Boeing 787-9 ordered by Sun PhuQuoc (BA) fly?

The Boeing 787-9 has a range of 7,565 nautical miles, enabling nonstop long‑haul service. According to Boeing, that range allows connections from Phu Quoc to major cities across Asia, Europe and North America.

Why did Sun PhuQuoc choose the 787-9 for its new fleet (BA)?

Sun PhuQuoc selected the 787-9 for its operational performance, range and passenger comfort. According to Sun PhuQuoc Airways, the type suits their plan to connect Phu Quoc with international tourism markets.

What is the significance of the Sun PhuQuoc Boeing order for Vietnam's aviation market (BA)?

The order is the largest Boeing widebody order in Vietnamese history, marking a major fleet investment. According to Boeing, it reflects growing international connectivity and tourism ambitions for Phu Quoc.

How does the 787 Dreamliner fleet performance support Sun PhuQuoc's plans (BA)?

The 787 family has enabled more than 535 new nonstop routes and carried over 1.2 billion passengers. According to Boeing, that record supports route-opening and connectivity goals for Sun PhuQuoc.

What passenger experience features does the 787-9 offer for Sun PhuQuoc routes (BA)?

The 787-9 offers the largest windows among widebodies and lower cabin altitude for improved comfort. According to Boeing, these features help passengers arrive feeling more refreshed on long flights.