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Sun, Jun 02, 2013

Boeing, TUI Travel Announce Commitment For 60 737 MAX Airplanes

Deal Would Be Worth Over $6 Billion At List Prices

A commitment for 60 737 MAX airplanes valued at $6.09 billion at list prices was announced Thursday by Boeing and TIU Travel PLc. The commitment by one of the world’s leading leisure travel groups includes 737 MAX 8s and 9s. Boeing looks forward to working with TUI Travel to finalize the details, at which time the order will be posted as a firm order to the Boeing Orders and Deliveries website.

“A major part of TUI Travel’s strategy is to provide our customers with unique holiday experiences that they can only get from us,” said Peter Long, Chief Executive, TUI Travel. "This multi-billion pound investment in the Boeing 737 MAX – representing the future generation of more fuel-efficient aircraft for our short and medium-haul programmes - will be a further driver in delivering this.”

"Boeing and TUI Travel airlines have a relationship which goes back almost 50 years” said Todd Nelp, vice president of European Sales, Boeing Commercial Airplanes. "TUI Travel’s airlines currently operate more than 135 Boeing airplanes and the commitment for 60 737 MAXs marks the next chapter in their continued fleet expansion, ensuring unrivalled efficiencies and superior passenger comfort. All of us at Boeing could not be more proud to see our relationship extended for years to come."

The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Boeing estimates that airlines operating the 737 MAX will see a 13 percent fuel-use improvement over today's most fuel-efficient single-aisle airplanes.

(Image provided by Boeing)

FMI: www.boeing.com

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