Business

October 3, 2012

Boeing, GOL announce order for 60 737 MAX airplanes


Boeing and GOL Linhas Aereas Inteligentes announced Oct. 1 GOL’s purchase of 60 737 MAX airplanes. GOL plans to use the new super-efficient 737 MAX to increase operational efficiency and reduce costs.

The order is valued at approximately $6 billion at published list prices making it the largest order in GOL’s 12-year history and the largest airplane order from a single airline in South America’s aviation history.

“The decision to order Boeing 737 MAX is in line with our commitment to maintaining a modern and safe fleet that will allow us to sustain our competitive advantage in the long term,” said Paulo Kakinoff, CEO of GOL. “The new airplanes will have one of the best cost-benefit ratios in the market due to its unique operational economy, so it is fully compatible with our low-cost model.”

The 737 MAX builds on the strengths of Boeing’s best-selling Next-Generation 737 with big advances in fuel-efficiency and environmental performance. Equipped with new LEAP-1B engines from CFM International and improvements such as the Advanced Technology winglet, the 737 MAX reduces fuel burn and CO2 emissions by 13 percent and maintains the 8 percent operating cost advantage over future competition. This order puts the 737 MAX at 724 firm orders to date.

“Boeing has partnered with GOL since their inception just over 12 years ago. We’ve watched them grow from a small start-up airline to a driving force in global aviation and we are proud to partner with them as the South American launch customer for the 737 MAX,” said Ray Conner, president and CEO of Boeing Commercial Airplanes. “The unmatched operating economics of the 737 MAX make it the absolute best airplane for the world’s low-cost carriers and legacy carriers alike. And this is again proven today with GOL’s commitment to the MAX.”

In just more than 11 years, GOL has established itself as one of the fastest growing low-cost, low-fare airlines in the world. GOL currently offers the most extensive and convenient routes in South America with approximately 810 daily flights to 63 destinations in Brazil and 12 in South America and the Caribbean. Combined with six code-share partnerships and more than 60 interline agreements with foreign companies, GOL’s route network is among the best serving customers traveling to, from and within Brazil.




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


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




0 Comments


Be the first to comment!


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>