Leasing companies opt for Boeing B737 MAX


Boeing has confirmed two major new orders for its B737 MAX aircraft.

A day after sealing the first B737 MAX order from an aircraft leasing company, Kuwaiti lessor ALAFCO has signed a deal for 20 of medium-size B737 MAX 8 version the new fuel-efficient aircraft, valued at US$1.9 billion, while GECAS, the aircraft leasing arm of General Electric has ordered 75 737 MAX 8s and 25 Next-Generation 737-800s. The GECAS order is worth almost US$9.3bn at list prices.

Speaking of the GECAS order, Boeing Commercial Airplanes’ President & CEO Ray Conner said; “GECAS is a leader in the airplane leasing and financing industry with a successful track record of placing 737 with airlines worldwide. The GECAS leadership team understands the importance of having advanced, fuel-efficient airplanes to meet their customers’ needs. This commitment confirms the value of the 737 MAX in today’s competitive marketplace.”

Boeing has now accumulated more than 1,000 orders and commitments for its B737 MAX from 17 customers since its launch on 30 August 2011. 

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