Boeing 737 (MAX) news

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Boeing and the FAA have completed three days of certification test flights on the B737 MAX, a key milestone toward the plane’s return to service.

UAE aviation officials are considering the return of the B737 MAX into the country’s airspace.

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More cancellations: lessor Avolon cancels an order for 27 Boeing 737 MAX jets (in addition to the 75 B737MAX aircraft cancelled in 1Q 2020).

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New twist in 737 MAX saga: American Airlines has threatened to cancel some of its orders for the troubled jet. Back in 2011, American's push for a new fuel-efficient narrow-body jet prompted Boeing to develop the MAX in the first place.

https://t.co/ZYwBHAZG7q?amp=1

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New twist in 737 MAX saga: American Airlines has threatened to cancel some of its orders for the troubled jet. Back in 2011, American's push for a new fuel-efficient narrow-body jet prompted Boeing to develop the MAX in the first place.

American Airlines told Boeing it will not take delivery of 17 B737 MAX aeroplanes unless it can secure financing to pay for the aircraft. Boeing Capital will look to arrange financing or may end up leasing the planes to American.

Boeing is scrambling to shore up financing for the B737 MAX as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes.

[LJ]

New twist in 737 MAX saga: American Airlines has threatened to cancel some of its orders for the troubled jet. Back in 2011, American's push for a new fuel-efficient narrow-body jet prompted Boeing to develop the MAX in the first place.

American Airlines told Boeing it will not take delivery of 17 B737 MAX aeroplanes unless it can secure financing to pay for the aircraft. Boeing Capital will look to arrange financing or may end up leasing the planes to American.

Boeing is scrambling to shore up financing for the B737 MAX as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes.

Actually, it's not only Boing who can offer the financing. Leasing companies shift their focus towards sale-leaseback transactions in order to make some money. This resulted in BOC financing 10 Max8 for Southwest with delivery 2020-2021. Though this resulted in BOC cancelling 30 Max, it's a win-win for Boeing, the airline and the leasing company. AA probably will not be leasing from external leasing companies given its credit rating, but others may do so.

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Aeroflot will transfer 50 Boeing 737-800s to its subsidiary Pobeda over the next two years, as the carrier increases its fleet to 170 planes by 2028.

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Boeing customers canceled orders for 355 of its B737 MAX jets in 1H 2020. Yesterday, Blue Air cancelled six B737 MAX orders, with another two B737 MAX orders halted by unidentified customers.

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Seattle Times:
"...FAA plans 45-day public comment period on Boeing’s 737 MAX, with ungrounding not likely before mid-October...
https://www.seattletimes.com/business/b ... max-nears/

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Southwest Airlines will keep the B737 MAX off its schedule through mid-December 2020. The carrier, which ended the quarter with 737 aircraft in its fleet, expects to take delivery of no more than 48 MAX aircraft through 31 December 2021.

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Southwest Airlines and American Airlines say they are still committed to the B737 MAX despite delays in its return to flight and the pandemic, though the head of Southwest said contracts need to be “completely reset.”

Spirit Aerosystems told lenders that the aircraft manufacturer expects sharply lower deliveries of B737 MAX planes in the coming years than previously expected. In 2022, B737 deliveries were projected at fewer than 400 planes,

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Air Canada to place B737 MAX 8 on its Montreal – Dublin service during summer 2021 season, replacing the B787-8.

American Airlines expects the B737 MAX to begin flying in its network from December 2020.

Ryanair Holdings plans to accept delivery of its first B737 MAX 200 before the end of 2020 and potentially up to 40 MAXs ahead of summer 2021. Discussions are ongoing with aircraft suppliers to reduce aircraft lease rates and purchase prices to reflect the new reality. Over the winter 2020/21, Ryanair will complete the sale of seven of its oldest B737s.

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Another cancellation: aircraft lessor AerCap cancels order for 15 Boeing 737 MAX planes.

https://t.co/zWew5qbyMV?amp=1

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Icelandair Group talks with Boeing regarding additional compensation for the B737 MAX aircraft and future deliveries are at an advanced stage.

FAA's proposed 737 MAX changes are out, and include requiring the installation of new flight control computer software, revising the Airplane Flight Manual to incorporate new and revised crew procedures, installing new display system software, and more.

https://www.bloomberg.com/news/articles ... -to-return

The public will have 45 days to comment on proposed 737 MAX changes

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Aeromexico will renegotiate leases and its debt for aircraft, including with Boeing for the B737 MAX order, to help reduce the carrier’s capacity, as part of a financial restructuring of the airline. SkyWorks Capital has been appointed as the advisory company.

Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its US$336 million legal claim over a cancelled B737 MAX order. The lessor will now buy 20 aircraft, instead of 40, with new delivery dates.

EASA has no firm date for the B737 MAX to resume flights, adding that the US planemaker had some more work to do before a 17-month-old safety ban could be lifted in Europe.

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Air Lease says options to acquire up to 45 B737 MAX 8s have expired without being exercised. ALC still holds options to acquire up to 25 A220s.

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Boeing lost another 43 orders for its grounded B737 MAX planes in July 2020, bringing the total cancellations for the jet this year to 398, while delivering only four of its other aircraft to customers. Boeing said order cancellations now stand at 857 for the MAX.

Icelandair Group has now completed agreements with all its creditors and reached a final settlement with Boeing regarding the impact of the suspension of the B737 MAX aircraft. The settlement reduces Icelandair’s MAX purchase commitment by four aircraft, along with a revised delivery schedule for the remaining six MAX delivering from 2Q 2021 to 1Q 2022. Talks on a term sheet for a credit facility guaranteed by the government and to be provided by local banks are in its final stages.

LOT Polish Airlines returned its very first B737-700, serial 30651, which was leased from Macquarie AirFinance.

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Enter Air ordered 2 B737MAX8 aircraft, with an option for two more. First 737MAX order since a loooooong time!

https://www.aviation24.be/airlines/ente ... -two-more/

US lessor Aviation Capital Group says it is now currently committed to take delivery of 72 B737 MAX aircraft.

GOL plans to begin flying the B737 MAX again in December 2020, pending recertification.

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Fiji Airways Group was successful in negotiating a settlement with Boeing regarding the B737 MAX.

Transport Canada said it plans to conduct flight test activities for the validation of the B737 MAX during the week of 24 August 2020.

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Transport Canada said it plans to conduct flight test activities for the validation of the B737 MAX during the week of 24 August 2020.

Boeing pilots and Transport Canada performed a flight test of the B737 MAX on 26 August 2020.

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Transport Canada said it plans to conduct flight test activities for the validation of the B737 MAX during the week of 24 August 2020.

Boeing pilots and Transport Canada performed a flight test of the B737 MAX on 26 August 2020.

Canada has completed simulator and flight tests of the B737 MAX, and is analysing the results.