Boeing signs commitment with customer for 100 737 MAX aeroplanes

• The agreement carries a list-price value of $11.7 billion
• Significant commitment reflects strong demand for 737 MAX, fastest-selling jet in Boeing history

Boeing and an unidentified customer reached an agreement during the 2018 Farnborough International Airshow for an additional 100 737 MAX aeroplanes, the company announced.

The commitment carries a list-price value of $11.7 billion and will be reflected on Boeing’s Orders and Deliveries website once it is finalized.

“We are honoured that so many customers continue to see the unmatched value of the 737 MAX aeroplane family and are coming back to place repeat orders. This is a significant commitment that reflects the strong demand for the MAX and the health of the single-aisle market,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company.

According to the Boeing 2018 Commercial Market Outlook released this week, airlines will need 31,360 new single-aisle aeroplanes, such as the 737 MAX, over the next 20 years. That represents a 6-percent increase over last year’s forecast. Analysts say the demand is fueled by the success of low-cost carriers and a big requirement for single-aisle jets for growth and replacement.