Boeing and Avolon, the international aircraft leasing company, today announced an order for 40 737 MAX airplanes at the Paris Air Show.
“Today’s announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program,” said Andy Cronin, CEO, Avolon.
“We are confident in the long-term demand from our customers for the 737 MAX, and this order extends our delivery pipeline out to 2030.
“The transitioning of the global fleet to more fuel-efficient new-technology aircraft is a priority for our industry, and we are looking to play a leading role by supporting airlines achieving their sustainability objectives.”
The 737 MAX will provide Avolon’s customers with greater flexibility across their network, while reducing fuel use and emissions by 20% compared to the airplanes they replace. On average each airplane will save up to 8 million pounds of CO2 annually compared to airplanes it replaces.
“This order demonstrates the popularity of the 737-8 among the leasing community and the demand they are seeing from their customers for this airplane model,” said Stan Deal, president and CEO, Boeing Commercial Airplanes.
“Avolon has a long-standing relationship with the 737 MAX program and took delivery of the 1,000th 737 MAX last year.
“We look forward to building on this strong relationship with a key leasing partner as they grow their Boeing portfolio of airplanes.”
This order was previously unidentified on the Boeing Orders & Deliveries website.
The 737-8 models, seating 162 to 210 passengers depending on configuration and with a range of 3,500 nautical miles, is the market’s most versatile single-aisle airplane, capable of operating profitably on short and medium-haul routes.