Boeing has secured a $7.2bn order from Air Lease (ALC) for 60 of its 737 MAX 8 and 15 of its 737 MAX 9 at the Farnborough International Airshow, which takes place this week.
The order also includes rights for 25 additional 737 MAX airplanes and is claimed to be the first order for the MAX by a leasing firm.
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Air Lease chairman and CEO Steven Udvar-Hazy said the 737 MAX would be an addition to the company’s portfolio and complement to its growing fleet of Next-Generation 737-800s.
"The 737 MAX represents a step-change improvement that our airline clients need to compete in the future," Udvar-Hazy added.
A new-engine variant of Boeing’s Next-Generation 737, the 737 MAX is powered by CFM International LEAP-1B engines, which the company claims will deliver maximum efficiency, reliability and passenger comfort in the single-aisle market.
According to Boeing, the airplane offers 13% enhanced fuel efficiency over the existing single-aisle airplanes and also provides an 8% operating cost per seat advantage.
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By GlobalDataBoeing Commercial Airplanes president and CEO Ray Conner said: "This 737 MAX order continues ALC’s disciplined approach to building its young, fuel-efficient fleet."
The delivery of first 737 MAX airplane is scheduled to take place in 2017, two years after the delivery of Airbus’s Neo aircraft.
ALC’s order for 170 airplanes from Boeing include 75 of its 737 MAX, 78 Next-Generation 737-800s, five 777-300ERs (extended range) and 12 of its 787-9 Dreamliners.
Boeing has received the orders and commitments for more than 1,000 737 aircraft from 16 customers globally to date since its launch in August 2011.
Image: A Boeing 737 MAX 8 aircraft in ALC livery. Photo: courtesy of Boeing.
