Business

January 4, 2017
 

Boeing, GECAS announce order for 75 737 MAXs

boeing-737
Boeing and GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric, announced Jan. 4 an order for 75 737 MAX 8 airplanes.

The order, booked in December, is valued at $8.25 billion at current list prices. The follow-on order increases the GECAS firm order book for the 737 MAX to 170 airplanes, the largest of any aircraft leasing company. 

“These new orders will enable GECAS to serve our clients’ needs — assisting in managing their fleets, transitioning aircraft and providing new equipment,” said Alec Burger, President and Chief Executive Officer, GECAS. “Our customers want the latest technology and fuel efficiency, and the CFM International LEAP-1B engines on these aircraft deliver outstanding productivity and reliability in the single-aisle market.”

“When it comes to demand, this order shows the MAX 8 remains at the heart of the single-aisle market,” said Brad McMullen, vice president, North America and Leasing Sales, Boeing Commercial Airplanes. “We appreciate the confidence GECAS has in the 737 MAX, and look forward to seeing the airplanes placed with carriers all over the world.”

To date, the 737 MAX has accumulated 3,419 orders, making it the fastest-selling airplane in Boeing history.




All of this week's top headlines to your email every Friday.


 
 

 
Army photograph by Staff Sgt. Jeremy Ganz

Army helo crashes at Fort Irwin, two dead

Army photograph by Staff Sgt. Jeremy Ganz An AH-64 helicopter from Company B., 4th Attack Reconnaissance Battalion, 4th Combat Aviation Brigade, 4th Infantry Division, hovers while acquiring targets during aerial gunnery traini...
 
 

Headlines – January 19, 2018

News Turkey says could act in Syria unless U.S. withdraws support for Kurdish force – Turkey said Jan. 17 it would not hesitate to take action in Syria’s Afrin district and other areas unless the United States withdrew support for a Kurdish-led force there, but Washington denied such plans and said “some people misspoke.”  ...
 
 

News Briefs – January 19, 2018

Turkish military plane crashes during training; 3 killed A Turkish Air Force cargo plane crashed in southwest Turkey during a training flight Jan. 17, killing two pilots and a technician on board, the military said. The CN-235 CASA plane disappeared from the radar after taking off from Eskisehir air base, in central Turkey, the military...