Boeing, Avolon Conclude Deal For 75 737 MAX Airplanes

* Logo Source : GeekWire

 

…Order includes 55 MAX 8s, 20 MAX 10s And Options For 20 MAX 8s

 

Boeing and Avolon, the International Aircraft Leasing Company, have finalised an order for 75 737 MAX airplanes.

The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s.

The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is valued at nearly $11 billion at list prices including the 75 firm and 20 option aircraft.

Launched at the 2017 Paris Air Show, the MAX 10 will have the lowest seat-mile cost of any single-aisle airplane.

The new airplanes will bolster Avolon’s airplane portfolio to meet growing customer demand in the narrow-body market segment.

Speaking on the orders, Avolon Chiefe Executive Officer, Dómhnal Slattery said, “Today’s order for Boeing’s newest 737 MAX airplanes will strengthen Avolon’s position as a leading lessor in the global commercial aviation market.”

* Pix source: Newstalk

“This is the largest single order that we have placed with Boeing to date and underscores the scale of our ambition and the strength of our business. We have experienced strong interest in our initial MAX orders and this incremental order reflects this demand. With over 140 MAX aircraft now in our owned and committed fleet, we are confident that the superior economics and solid reliability of the 737 MAX family of airplanes will continue to allow our customers to grow their businesses profitably for many years to come,” Dómhnal Slattery added.

Headquartered in Dublin, Ireland, Avolon is one of the world’s leading aircraft leasing firms, with an owned, managed and committed fleet of 915 aircraft as at September 30, 2017.

Avolon also has the youngest owned fleet amongst the top three lessors and an order book of exclusively new technology aircraft.

On his part, Boeing Commercial Airplanes President and Chief Executive Officer, Kevin McAllister, said, ”Today’s order solidifies Avolon’s commitment to providing their customers with the most efficient, technologically advanced airplane on the market. We are honored that the 737 MAX family of airplanes will become a key part of Avolon’s world-class fleet as they look to leverage the surging demand for narrow-body airplanes in markets around the world.”

The 737 MAX is the fastest-selling airplane in Boeing history, having surpassed 4,000 total orders from 92 customers.

The MAX family incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

 

Be the first to comment on "Boeing, Avolon Conclude Deal For 75 737 MAX Airplanes"

Leave a comment

Your email address will not be published.


*