SEATTLE, July 15, 2024 /PRNewswire/ -- Boeing [NYSE: BA]
and Aviation Capital Group LLC (ACG) announced today the airplane
lessor has finalized an order for 35 737 MAX jets, including 16
737-8 and 19 of the larger 737-10 variant. Following an incremental
737 MAX order last year, this new purchase increases ACG's 737 MAX
commitment to 82 orders as ACG grows its portfolio to meet customer
demand for fuel-efficient airplanes.
"This firm order for additional 737 MAX aircraft enhances the
strategic value of ACG's order book, supports a key pillar of our
growth strategy and reinforces our commitment to invest in modern
and fuel-efficient aircraft technology," said Thomas Baker, Chief Executive Officer and
President at ACG. "We look forward to supporting our airline
customers throughout the world with these highly versatile and
fuel-efficient aircraft."
The 737-8 can carry up to 210 passengers based on configuration
with a range of 3,500 nautical miles (6,480 km), while the 737-10,
the largest 737 MAX model with the best per-seat economics of any
single-aisle airplane, seats up to 230 passengers with a range of
3,100 nautical miles (5,740 km). Both variants reduce fuel use and
carbon emissions by 20% compared to the airplanes they replace.
"Today's repeat order demonstrates market demand for the 737 MAX
family of airplanes as ACG's customers seek to operate flexible,
fuel-efficient fleets," said Brad
McMullen, Boeing senior vice president of Commercial Sales
and Marketing. "ACG has been a longstanding, valued partner on the
737 MAX program, and we look forward to working together to deliver
the latest airplane technology to its airline customers."
On average, each 737 MAX saves up to eight million pounds of
CO2 emissions annually and is a quieter airplane, with a
50% smaller noise footprint than the airplanes it
replaces.
Aviation Capital Group is one of the world's premier
full-service aircraft asset managers with over 480 owned, managed
and committed aircraft as of March 31,
2024, leased to roughly 90 airlines in approximately 45
countries. It specializes in commercial aircraft leasing and
provides certain aircraft asset management services and aircraft
financing solutions for third parties. It was founded in 1989 and
is a wholly owned subsidiary of Tokyo Century Corporation. Follow
ACG on LinkedIn, and for more information, visit
www.aviationcapitalgroup.com.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future and living the company's core values of safety,
quality and integrity. Learn more at www.boeing.com.
Contact
Boeing Media Relations
media@boeing.com
Aviation Capital Group Media Relations
MediaRelations@AviationCapital.com
Aviation Capital Group Investor Relations
InvestorRelations@AviationCapital.com
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SOURCE Boeing