Business

October 31, 2012

Boeing, Aviation Capital Services announce commitment for 35 737 MAXs

Boeing and Aviation Capital Services LLC, a subsidiary of the State Corporation Russian Technologies announced Oct. 30 a commitment by Rostech to purchase 35 737 MAX airplanes.

It is the first commitment for the 737 MAX from Russia and the Commonwealth of Independent States. Boeing and Aviation Capital Services will work to finalize the details of the order, valued at more than $3 billion at current list prices. When complete, the order will be posted to the Boeing Orders & Deliveries website as firm.

“Today Aviation Capital Services signed a commitment for 35 737 MAX that will make it the first customer of the 737 MAX aircraft in Eastern Europe. As a result, our partner airline-carriers will receive the most modern aircraft with improved fuel efficiency, flight characteristics and greater comfort for passengers,” said Sergey Chemezov, CEO of Rostech. “Russian airlines will gain an advantage on global markets and will be able to increase their activity both within the country and internationally.”

“This is the first commitment for the 737 MAX from Russia and CIS, which is one of the commercial aviation industry’s fastest-growing regions,” said Boeing Commercial Airplanes President and CEO Ray Conner. “We are proud of the confidence that Aviation Capital Services has placed in the 737 MAX, which will deliver unsurpassed fuel efficiency to its customers in the single-aisle market as well as improved environmental performance.”

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. Boeing has 858 orders for the 737 MAX.

Aviation Capital Services LLC is an aircraft leasing company established on Feb. 16, 2011 with 100 percent participation of the Russian Technologies State Corporation Company. Aviation Capital Services LLC is one of the leading aircraft leasing companies in Russia and CIS.

 




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


 
 

 

Pratt & Whitney, U.S. Air Force complete qualification for F135 engine testing

Pratt & Whitney, a United Technologies Corp. , together with its U.S. Air Force partner at the F135 Heavy Maintenance Center at Tinker Air Force Base, Okla., celebrated another significant milestone qualification for F135 engine testing at the Oklahoma City Air Logistics Complex. OC-ALC which in addition to engine testing is also qualified to perform...
 
 

Raytheon begins building critical components for AN/TPY-2 ballistic missile defense radar

The Missile Defense Agency will soon have greater agility and capability in its fleet of AN/TPY-2 ballistic missile defense radars. Raytheon has begun construction of two major sub-components of the AN/TPY-2 under a $53 million contract announced by the Department of Defense on Sept 2. The units Raytheon is building will enable the MDA to...
 
 

Honeywell, Thales to offer next-gen high-speed in-flight connectivity to A350XWB

Honeywell Aerospace and Thales will work together to integrate Honeywell JetWave hardware with Thales cabin network solutions for Airbus A350XWB and other commercial aircraft. The combined offering will give commercial airline operators and their passengers the same connectivity experience in-flight as they would have at home or work ó enabling real-time TV channel viewing, live...
 

 

U.S. Navy awards General Dynamics $16 million for F/A-18 mission computers

General Dynamics Advanced Information Systems, a business unit of General Dynamics, has been awarded a $16.2 million contract by the U.S. Navy to produce Type-3 Advanced Mission Computers for the F/A-18 E/A-18G Super Hornet aircraft. Since 2002 General Dynamics has produced, tested and delivered the F/A-18 AMC, which serves as the nerve center of the...
 
 

Boeing, DLA partnership will improve war fighter logistics support

Boeing has received a $293 million performance-based contract from the Defense Logistics Agency to provide aircraft parts and support that will enable DLA to provide essential logistics support to warfighters more quickly and effectively. Boeing proposed a holistic partnership and transformational approach that fundamentally changes the way DLA and Boeing do business,î said Julie Praiss,...
 
 
NG-people

Northrop Grumman appoints vice president

Northrop Grumman has announced the appointment of Tarik Reyes as vice president, business development for its integrated air and missile defense division in its Information Systems sector, effective immediately. In this new rol...
 




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>