Business

October 23, 2013

Boeing, Aerolineas Argentinas complete agreement for 20 Next-Generation 737s

Boeing and Aerolineas Argentinas, the flag carrier of Argentina, have completed an agreement for 20 Next-Generation 737-800 airplanes.

The agreement, valued at $1.8 billion at list prices, will play a key role in Aerolineas Argentinas’ continued efforts to modernize its fleet and increase passenger satisfaction. When the order is finalized, it will be posted as a firm order to the Boeing Orders and Deliveries website.

At a signing ceremony in Buenos Aires today, Dr. Mariano Recalde, president of Aerolineas Argentinas and Austral Lineas Aereas, and Van Rex Gallard, vice president of Sales, Latin America, Africa and the Caribbean for Boeing Commercial Airplanes, formalized the agreement, which will help Aerolineas build on a fleet of 26 Next-Generation 737s currently operated by the Argentine carrier.

“This is a landmark order for our company, both in the number of aircraft and in what they signify for our fleet,” said Recalde. “This agreement is a key part of a greater plan to renew our fleet and prepare our operations to accommodate growing demand. The Boeing Next-Generation 737-800, which has more seats than our current single-aisle fleet, will give us more flexibility to operate both domestic and regional routes.”

Gallard noted that the agreement extends a long legacy of partnership between Boeing and Aerolineas Argentinas. “Our partnership with Aerolineas extends back to the days of the Douglas DC-3,” he said. “We have worked side by side with Aerolineas to help provide world-class aviation to the people of Argentina.”

“Aviation is a key element in economic growth and development, and the success of Aerolineas Argentinas’ transformation strategy, helped by the addition of the most efficient single-aisle airplanes flying, will help drive Argentina further ahead in the 21st century,” Gallard said.

The Argentine government’s investment in the Next-Generation 737 helps build the foundation for industrial development in Argentina, providing capacity to fuel its economic objectives. At the heart of Argentina’s domestic and intra-South American network, the 737 fleet will unlock demand for air transport there and shape its infrastructure modernization.

Aerolineas Argentinas accomplished another key milestone in its strategy by joining Sky Team alliance in 2012. Aerolineas Argentinas provides Sky Team with a major opportunity for growth in South America offering a rapidly growing menu of destinations across the continent.

The Boeing 737-800 is one of the best-selling versions of the highly successful Next-Generation 737 family, the most technologically advanced airplanes in the single-aisle market. The Next-Generation 737’s market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class.




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


 
 

 

Raytheon acquires Tucson-based Sensintel, Inc.

Raytheon has acquired privately-held Sensintel, Inc., a leading provider of unmanned aircraft systems solutions to the intelligence and special operations markets. Located in Tucson, Ariz., with approximately 50 employees, Sensintel will become part of Raytheon Company’s Missile Systems business. The transaction is not expected to materially impact Raytheon’s sales or earnings in th...
 
 
Boeing photograph

Boeing Maritime Surveillance Aircraft ready for demonstration flights

Boeing photograph The Boeing Maritime Surveillance Aircraft program is ready for customer demonstration flights, having completed the baseline ground and flight testing of the aircraft mission systems. The Boeing Maritime Surve...
 
 

Pratt & Whitney concludes PurePowerÆ geared turbofan engine partnering

Pratt & Whitney and Kawasaki Heavy Industries Ltd. met recently to commemorate the signing of a risk and revenue-sharing collaboration agreement for KHI to provide key hardware modules for Pratt & Whitney’s PurePower Geared Turbofan engines. Pratt & Whitney is a division of United Technologies Corp. Pratt & Whitney currently has 10 worldwide GTF collaboration...
 

 

U.S. Navy approves F/A-18 Super Hornet IRST system for production

The F/A-18 Super Hornet infrared search and track system, developed and integrated by Boeing and Lockheed Martin, received approval from the U.S. Navy to enter low-rate initial production. The IRST system consists of Lockheed Martin’s IRST21 sensor, the GE Aviation FPU-13 Fuel Tank Assembly and the Meggitt Defense Industry Environmental Control unit. The system demonstrated...
 
 

DRS Technologies to upgrade electronic warfare E/A-18 mission for U.S., Australia

DRS Technologies Inc., a Finmeccanica Company,†announced Jan. 22 that it has been awarded access to an indefinite-delivery/indefinite-quantity contract for the production and delivery of up to 180 Joint Tactical Terminal-Receivers for U.S. Navy and Australian EA-18G aircraft. The contract is valued up to $12 million and will include JTT-R production engineering, test set racks, fixtures...
 
 

DRS Technologies’ groundbreaking laser designating gimbal completes first flight test

DRS Technologies Inc., a Finmeccanica Company, announced Jan. 21 that it successfully performed the first airborne demonstration of its GS205-XRZ laser designating gimbal. At less than six inches in diameter and weighing less than nine pounds, the GS205 is one of the smallest stabilized, light-weight and fully qualified targeting systems on the market. During its...
 




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>