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.


 
 

 
DOD photograph by Air Force MSgt. Adrian Cadiz

Carter announces manufacturing initiative to aid war fighters

DOD photograph by Air Force MSgt. Adrian Cadiz Defense Secretary Ash Carter announces the creation of a National Manufacturing Innovation Institute to produce hybrid electronics during a speech at the National Full Scale Aerody...
 
 

U.S. Army awards CIRCM contract to Northrop Grumman

The U.S. Army Aug. 28 awarded Northrop Grumman a $35,372,762 cost-plus-fixed-fee, fixed-price incentive, and firm-fixed-price hybrid contract with options for engineering and manufacturing development and low-rate initial production of the Common Infrared Countermeasure program. Work will be performed at Northrop Grumman’s Land & Self Protection Systems Division facility in Rolling Me...
 
 

Northrop Grumman awarded position on Air Force training systems acquisition III contract

The U.S. Air Force has awarded Northrop Grumman a position on the Training Systems Acquisition III indefinite delivery/indefinite quantity contract to support war fighter training systems at global U.S. Air Force operating locations. Twelve companies have been awarded positions on TSA III, which has a ceiling value of approximately $20.9 billion over 10 years, if...
 

 
Navy photograph

Raytheon and U.S. Navy collaborate to optimize minehunting sonar

Navy photograph The Remote Minehunting System and AN/AQS-20A Minehunting Sonar on USS Independence. Raytheon is working closely with the Naval Undersea Warfare Center — Division Newport to enhance the features of the comp...
 
 

Boston Engineering receives Air Force contract to advance UAV motor control capabilities

Boston Engineering today announced a $150,000 contract from the U.S. Air Force to enhance its UAV capabilities and to also reduce drone noise. Specifically, Boston Engineering will demonstrate an embedded motor control platform to accelerate U.S. Air Force UAV research and development initiatives. Embedded motor controllers underpin critical UAV operations including drone propulsion and sensors...
 
 

Boeing receives $1.49 billion contract for 13 P-8A Poseidon ircraft

Boeing will provide the first P-8A Poseidon maritime surveillance aircraft for Australia and additional P-8As for the U.S. Navy following a $1.49 billion contract award from the Navy for 13 aircraft. The order includes nine aircraft for the U.S. Navy and four Poseidon aircraft for the Royal Australian Air Force, a long-time partner to the...
 




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=""> <s> <strike> <strong>