Business

November 5, 2012

Boeing, ALAFCO firms up order for 20 Boeing 737 MAXs


Boeing and Kuwait airplane leasing company ALAFCO have finalized an order for 20 Boeing 737 MAX 8s valued at $2.0 billion at current list price.

The order was first announced as a commitment at the Farnborough Airshow in July.

“This is the first order for the 737 MAX from the Middle East, which is one of the aviation industry’s highest growth regions,” said Ray Conner, president and CEO of Boeing Commercial Airplanes. “We are proud of the confidence that ALAFCO has placed in the 737 MAX, and hope to continue this partnership well into the future.”

The 737 MAX is the new-engine variant of the world’s best-selling airplane and builds on the strengths of today’s Next-Generation 737. The airplane will be powered by new CFM International LEAP-1B engines. Along with the engines, aerodynamic improvements to the tail and the new Advanced Technology winglet, the 737 MAX will reduce fuel burn and CO2 emissions by 13 percent over today’s most fuel-efficient single-aisle airplane, the Next-Generation 737. The 737 MAX will have the lowest operating costs in the single-aisle segment with an 8 percent advantage per seat over tomorrow’s competition.

“Today, with rising fuel costs, the 737 MAX will provide operational cost savings to airlines in addition to being more environmentally friendly due to its latest quiet engine technology,” stated ALAFCO’s chairman and CEO Ahmad Alzabin during the Farnborough Airshow. “These are the advantages that airlines are looking for in the current competitive and demanding environment.”

The order brings the total number of 737 MAX orders to date to 878.




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


 
 

 

Headlines December 17, 2014

News: U.S. Air Force tanker platform slated for year-end debut - Boeing is planning for first flight of its 767-2C – upon which the U.S. Air Force’s new KC-46 tanker will be based – by year’s end, six months late. Northrop Grumman wins $657.4 million deal to supply drones to South Korea - Northrop Grumman has won...
 
 

NASA launches new Micro-g NExT for undergraduates

NASA is offering undergraduate students an opportunity to participate in a new microgravity activity called Micro-g Neutral Buoyancy Experiment Design Teams. The deadline for proposals is Jan. 28, 2015. Micro-g NExT challenges students to work in teams to design and build prototypes of spacewalking tools to be used by astronauts for spacewalk training in the...
 
 
launch1

Storm fails to quench liftoff of secret reconnaissance satellite

The fiery launch of an Atlas V (541), among the most powerful of the venerable Atlas family, briefly dispelled the gloom over Californiaís Central Coast on the evening of Dec. 12. A team of personnel from United Launch Allianc...
 

 
Coast Guard photograph

Navy demonstrates unmanned helicopter operations aboard Coast Guard cutter

http://static.dvidshub.net/media/video/1412/DOD_102145893/DOD_102145893-512×288-442k.mp4 Coast Guard photograph An MQ-8B Fire Scout UAS is tested off the Coast Guard Cutter Bertholf near Los Angeles, Dec. 5 2014. The Coast...
 
 
GPS-OCX

GPS III, OCX successfully demonstrate key satellite command, control capabilities

Lockheed Martin and Raytheon successfully completed the fourth of five planned launch and early orbit exercises to demonstrate new automation capabilities, information assurance and launch readiness of the worldís most powerfu...
 
 

Aerojet Rocketdyne successfully demonstrates 3D printed rocket propulsion system for satellites

Aerojet Rocketdyne has successfully completed a hot-fire test of its MPS-120 CubeSat High-Impulse Adaptable Modular Propulsion System. The MPS-120 is the first 3D-printed hydrazine integrated propulsion system and is designed to provide propulsion for CubeSats, enabling missions not previously available to these tiny satellites. The project was funded out of the NASA Office of Chief...
 




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>