Avolon

Lessor Avolon announces order for 40 Boeing 737 MAX jets

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International lessor places first 737 MAX order since 2017, citing confidence in long-term demand for the fuel-efficient 737-8

Boeing and Avolon, the international aircraft leasing company, today announced an order for 40 737 MAX aeroplanes at the Paris Air Show.

“Today’s announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program. 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,” said Andy Cronin, CEO, Avolon. “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 in 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 aeroplanes they replace. On average each aeroplane will save up to 8 million pounds of CO2 annually compared to aeroplanes 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 aeroplane 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 aeroplanes.”

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 aeroplane, capable of operating profitably on short and medium-haul routes.

Boeing customers have placed more than 1,000 orders and commitments for the company’s new commercial aeroplanes since July 2022. This includes over 750 737 MAX aeroplanes, reflecting the value of the family’s versatility and commonality.

LE BOURGET, France, June 20, 2023 /PRNewswire/

This post was published on 20 June 2023 13:58

André Orban

M. Sc. Engineering

Published by
André Orban

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