Boeing, ALAFCO Announce Commitment For 20 Boeing 737 MAXs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 06.29.15

Airborne 06.30.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

Airborne Hi-Def On YouTube

Airborne 06.29.15

Airborne 06.30.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

 

Sat, Jul 14, 2012

Boeing, ALAFCO Announce Commitment For 20 Boeing 737 MAXs

US Planemaker Racks Up Big Numbers At Farnborough Air Show

Boeing and Kuwait airplane leasing company ALAFCO today announced a commitment at the 2012 Farnborough Airshow for 20 Boeing 737 MAX 8s valued at $1.9 billion at current list prices. Boeing looks forward to finalizing the agreement, at which time the order will be posted to the Boeing Orders & Deliveries website. 

The signing ceremony was attended by ALAFCO's chairman and CEO Mr. Ahmad Alzabin and Ray Conner, president and CEO of Boeing Commercial Airplanes. "This is the first commitment for the 737 MAX from the Middle East which is one of the aviation industry's highest growth regions," said Conner. "We are proud of the confidence that ALAFCO has placed in the 737 MAX which will deliver unsurpassed fuel efficiency in the single-aisle market as well as improved environmental performance." 

Already a market success, the 737 MAX has accumulated more than 1,000 orders and commitments from 17 customers worldwide since its launch on Aug. 30, 2011. The 737 MAX is the new-engine variant of the world's best-selling airplane and builds on the strengths of today's Next-Generation 737. The airplane will be powered by CFM International LEAP-1B engines. Along with the engines, aerodynamic improvements to the tail and the new Advanced Technology winglet, the 737 MAX will reduce fuel burn and CO2 emissions by 13 percent over today's most fuel-efficient single-aisle airplane, the Next-Generation 737. The 737 MAX will have the lowest operating costs in the single-aisle segment with an eight percent advantage per seat over tomorrow's competition.

"Today, with rising fuel costs, the 737 MAX will provide operational cost savings to airlines in addition to being more environmentally-friendly due to its latest quiet engine technology," said Mr. Alzabin. "These are the advantages that airlines are looking for in the current competitive and demanding environment."

ALAFCO had ordered six 737-800s in March 2007 with the last airplane delivered to the leasing company in July 2011.

(Image provided by Boeing)

FMI: www.boeing.com

Advertisement

More News

Aero-News: Quote Of The Day (07.06.15)

“Lisa’s contagious passion for reaching the dream of building or restoring an aircraft rubs off on everyone around her... The excitement is easy to enjoy, and has prope>[...]

Aero-TV: An Intro To Quad-Copters – Horizon Hobby Explains A Model Revolution

The Quadcopter Revolution Is In Full Swing... Here's Info On How To Join In! While at eFest 2015, ANN CEO and Editor-In-Chief, Jim Campbell, talks with a company known as Horizon H>[...]

Klyde Morris (07.06.15)

Excuse The Pun... But Klyde Is Clearly Having A Blast -- Pilot Style FMI: www.klydemorris.com>[...]

Airborne 07.03.15: New Trig Avionics, Cargo Biz Grows, iOS GPS Fix

Also: 'No Drone Zone', Aviation v Media, Women's Air Race Classic, Houston Spaceport, Navy's New A/C Launch System, GA Fly Safe, FAA InFO Trig Avionics tells us they are unveiling >[...]

AeroSports Update: Sporty’s Catalog Just Got Bigger

Legend Cub and Sporty's Pilot Shop Partner on Sales and Sweepstakes The American Legend Aircraft Company has announced a twofold partnership with Sporty's Pilot Shop. First, Sporty>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC