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 November 26, 2014

News: When Hagel leaves, new SecDef faces big questions about the military’s futureĀ - President Obama’s new pick to run the Pentagon will face a dizzying set of challenges affecting the Defense Department’s mission, budget and culture. Who will be the next Secretary of Defense?- Following the Nov. 24 surprise announcement from the White House, the...
 
 

News Briefs November 26, 2014

Navy to decommission two more ships in Puget Sound The Navy recently decommissioned the guided missile frigate USS Ingraham at Everett, Wash. It will be towed to Bremerton and scrapped. The Daily Herald reports the Navy also plans to decommission another ship at the Everett homeport and also one stationed in Bremerton. Naval Station Everett...
 
 

NASA airborne campaigns tackle climate questions from Africa to Arctic

NASA photograph The DC-8 airborne laboratory is one of several NASA aircraft that will fly in support of five new investigations into how different aspects of the interconnected Earth system influence climate change. NASA photograph The DC-8 airborne laboratory is one of several NASA aircraft that will fly in support of five new investigations into...
 

 
Air Force photograph by Rick Goodfriend

16T Pitch Boom reactivated to support wind tunnel tests

Air Force photograph by Rick Goodfriend The Pitch Boom at the AEDC 16-foot transonic wind tunnel (16T) was recently reactivated. This model support system is used in conjunction with a roll mechanism to provide a combined pitch...
 
 

Northrop Grumman supports U.S. Air Force Minuteman missile test launch

Northrop Grumman recently supported the successful flight testing of the U.S. Air Force’s Minuteman III intercontinental ballistic missile weapon system. The operational flight test was conducted as part of the Air Force Global Strike Command’s Force Development Evaluation Program. This program demonstrates and supports assessment of the accuracy, availability and reliability of the...
 
 
army-detector

Scientists turn handheld JCAD into a dual-use chemical, explosives detector

Scientists at the U.S. Army Edgewood Chemical Biological Center at Aberdeen Proving Ground, Md., proved it is possible to teach an old dog new tricks by adding the ability to detect explosive materials to the Joint Chemical Age...
 




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>