Business

September 21, 2012

Boeing, Avolon finalize order for 737 MAXsn Next-Generation 737s

Boeing and Avolon, the international airplane leasing company, finalized a firm order for 10 737 MAX 8s, 5 737 MAX 9s and 10 Next-Generation 737-800s.

The order, first announced as a commitment at the Farnborough Airshow in July, has a current list-price value of $2.4 billion.

The order continues the momentum for the 737 MAX in the airplane-leasing industry.

“Avolon has a strategic role in the leasing industry and the experienced leadership team understands the importance of having advanced, fuel-efficient airplanes to meet their customers’ needs,” said Bill Collins, vice president of Leasing Sales for Boeing Commercial Airplanes. “The Next-Generation 737 is the world’s most popular and reliable commercial jet transport. The 737 MAX builds on the efficiency and reliability of the Next-Generation 737 family. This order reinforces the value of the 737 MAX in today’s aviation finance marketplace.”

The 737 MAX is a new-engine variant of the world’s best-selling airplane and builds on the strengths of today’s Next-Generation 737. The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Airlines operating the 737 MAX will see a 13 percent fuel-use improvement over today’s most fuel efficient single-aisle airplanes and an 8 percent operating cost per seat advantage over tomorrow’s competition.

“Our customers are always looking for more fuel-efficient airplanes,” said John Higgins, president and chief commercial officer for Avolon. “The 737 MAX will provide the fuel efficiency and operating economics airlines need to be successful. The 737 MAX is in high demand worldwide and securing valuable, attractive positions early in the MAX program ideally positions Avolon to best serve our growing global customer base.”

With this order, Boeing now has 664 orders for the 737 MAX from seven customers.

 




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


 
 

 

Headlines April 21, 2014

News: Former Ranger breaks silence on Pat Tillman death: I may have killed him - Almost 10 years after the friendly fire death of former NFL star turned Army Ranger Pat Tillman, a fellow ranger admits that he may have been the one who fired the fatal shot.   Business: Ship study should favor existing designs -...
 
 

News Briefs April 21, 2014

Navy OKs changes for submariners’ sleep schedules The U.S. Navy has endorsed changes to submarine sailors’ schedules based on research into sleep patterns by a military laboratory in Connecticut. With no sunlight to set day apart from night on a submarine, the Navy for decades has staggered sailors’ working hours on schedules with little resemblance...
 
 

NASA cargo launches to space station aboard SpaceX resupply mission

Nearly 2.5 tons of NASA science investigations and cargo are on the way to the International Space Station aboard SpaceX’s Dragon spacecraft. The spacecraft launched atop a Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Air Force Station in Florida at 3:25 p.m., EDT, April 18. The mission is the company’s third...
 

 

Second series of CASIS-sponsored research payloads launch to ISS

The Center for the Advancement of Science in Space is proud to announce several sponsored research payloads have launched to the International Space Station onboard the Space Exploration Technology Corporation’s Dragon cargo capsule. This marks the second series of investigations headed to the station that are sponsored by CASIS, the nonprofit responsible for managing research...
 
 

Boeing to give California workers $47 million in back pay

PALMDALE, Calif. – Boeing will pay $47 million to hundreds of current and former Southern California employees who are owed back pay and benefits, a union announced April 18. An arbitrator ruled against the aerospace giant in January and laid down guidelines for the payments and interest, but it took months to cull through records...
 
 

NASA selects commercial crew program manager

NASA has selected Kathy Lueders as program manager for the agency’s Commercial Crew Program. Lueders, who has served as acting program manager since October 2013, will help keep the nation’s space program on course to launch astronauts from American soil by 2017 aboard spacecraft built by American companies. “This is a particularly critical time for...
 




One Comment


  1. Hi there, I discovered your blog by way of Google at the same time as searching for a comparable matter, your website came up, it seems good. I’ve added to favourites|added to bookmarks.



Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>