ALGIERS - Boeing (NYSE:BA) and Air Algerie today announced a commitment for eight Next-Generation 737-800 airplanes. When finalized, the order will be worth $724 million at list prices.

Today's announcement represents a part of the airline's fleet renewal and expansion drive.

Mohamed Salah Boultif, chief executive officer of Air Algerie, said: "The 737-800 continues to be the backbone of Air Algerie's fleet. So far, we are pleased with these aircraft, and anticipate receiving all eight of these new units before the end of 201."

The Boeing 737-800 aircraft is one of the best-selling versions of the Next-Generation Boeing 737 single-aisle aircraft family. To date, more than 4,500 737-800s have been ordered by the world's leading airlines.

 Van Rex Gallard, vice president of sales for Africa, Latin America and the Caribbean, Boeing Commercial Airplanes, added:""Air Algerie has been a major player in North African aviation for more than 50 years and has already experienced the enhanced performance and improved economics of the 737-800.

"Today's commitment for additional 737-800s underlines Air Algerie's position as a leading carrier committed to providing its passengers with a wide choice of destinations and exceptional in-flight comfort."

Air Algerie's commitment for Boeing 737-800 aircraft will all feature the Boeing Sky Interior, the 787 Dreamliner inspired cabin.