Boeing, Malaysia Airlines announce order for up to 50 737 MAX airplanes

Courtesy: Boeing.

Courtesy: Boeing.

Boeing and Malaysia Airlines Berhad (Malaysia Airlines) announced today an order for 25 737 MAX 8 airplanes, valued at $2.75 billion dollars at current list prices. The order, previously attributed to an unidentified customer on the Boeing Orders & Deliveries website, also includes purchase rights for additional 737 MAX 8 and 737 MAX 9 airplanes.

“This deal is a game-changer for Malaysia Airlines with much lower costs and greater efficiency which we will pass on to our loyal customers with lower fares,” said Malaysia Airlines Chief Executive Officer Peter Bellew. “With the 737 MAX’s longer range capabilities, we will be able to connect our passengers to more destinations, in greater comfort and with superior economics.”

The Malaysian national carrier has operated almost every derivative of the 737 airplane family and took delivery of its 100th 737 in December 2014. Malaysia Airlines currently operates 56 737-800s.

“The 737 MAX will continue the superior operating economics and reliability of the 737 that Malaysia Airlines has depended on for more than 40 years,” said Dinesh Keskar, senior vice president, Asia Pacific & India Sales, Boeing Commercial Airplanes. “We are honored to continue our long partnership with Malaysia Airlines and welcome them to the growing 737 MAX family.”

“Malaysia Airlines is now on a path to growth across the Asean region,” said Bellew. “This new aircraft order will set the stage for our continued recovery and success into the next decade.”

The 737 MAX will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. The new single-aisle airplane incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Source: Boeing.

Boeing, Air Europa announce order for 20 737 MAX 8s

Courtesy: Boeing.

Courtesy: Boeing.

Boeing and Air Europa last Wednesday announced an order for 20 737 MAX 8s at the 2016 Farnborough International Airshow. The order was previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website.

“The 737 MAX will complement Air Europa’s growing fleet and is the perfect aircraft for our short-haul operations across Europe to feed our long-haul network from hubs in Madrid and Palma,” said Juan José Hidalgo, president, Globalia, the parent company of Air Europa. “This aircraft will play a major role in growing our business in the years to come and we look forward to becoming an all-Boeing carrier following recent orders for the 787 Dreamliner and 737 MAX.”

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14 percent more fuel-efficient than today’s most efficient Next-Generation 737s – and 20 percent better than the original Next-Generation 737s when they first entered service.

“We are honoured that Air Europa continues to place its faith in our products and services with this new order for the 737 MAX,” said Monty Oliver, vice president, European Sales, Boeing Commercial Airplanes. “This airplane will be a great addition to its fleet and we could not be more pleased that one of our greatest airline partners moves towards becoming an all-Boeing carrier.”

Air Europa announced an order for 14 787-9 Dreamliners in 2015, the largest ever Boeing widebody order from a Spanish carrier. Air Europa now has a combined total of 22 787-8s and 787-9s on order as it continues its transition to an all-Boeing long-haul fleet.

Source: Boeing.

Boeing, Air Lease Corporation announce order for six 737 MAXs

Courtesy: Boeing.

Courtesy: Boeing.

Boeing and Air Lease Corporation announced an order for six 737 MAX 8s at the 2016 Farnborough International Airshow.

Three of the orders are new, and three were previously attributed to an unidentified customer on the Boeing Orders & Deliveries website. The order is valued at $660 million at current list prices.

“ALC already has lease agreements in place with seven different airlines for 737-8 MAX aircraft out of our Boeing delivery stream, starting in the fourth quarter of 2017,” said Steven F. Udvar-Hazy, Executive Chairman of Air Lease Corporation. “The addition of more Boeing 737 MAX in our portfolio undoubtedly provides the economics, innovative efficiencies, and enhanced passenger experience that our airline customers are looking for in an aircraft.”

With 180 airplanes now on order, ALC has the largest backlog of any Boeing leasing customer. ALC also has the largest 737 MAX backlog of any leasing customer with 118 orders.

“ALC was one of the first leasing companies to order the 737 MAX, and we appreciate their continued confidence in the airplane,” said Brad McMullen, vice president of North America and Leasing Sales, Boeing Commercial Airplanes. “We’re thrilled to see ALC place the MAX with airlines all over the world.”

The 737 MAX is the fastest selling airplane in Boeing history, with orders now totaling more than 3,200. The airplane incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.

Through the years, ALC has ordered a total of 260 airplanes from Boeing including 118 737 MAXs, 75 Next-Generation 737-800s, 21 777-300ERs and 46 787 Dreamliners.

Source: Boeing.

Boeing, TUI Group finalize order for 10 737 MAXs, one 787-9 Dreamliner

Courtesy: Boeing.

Courtesy: Boeing.

Boeing and TUI Group, the world’s number one tourism business, finalized an order today at the 2016 Farnborough International Airshow for 10 737 MAX 8s and one 787-9 Dreamliner. The order, valued at $1.4 billion at current list prices, also includes an option for one additional 787-9.

With today’s order, TUI Group now has three unfilled orders for 787-9s and 70 for the 737 MAX.

“We are committed to investing in our aircraft fleet in order to keep improving our customer’s experience and to grow ahead of the market,” said David Burling, Member of the Executive Board and responsible for TUI Group Airlines. “This includes the expansion of our long haul holiday programme and providing more choice of flight times and durations to new destinations. Our customers tell us how much they appreciate the investment we are making in new aircraft, so we’re pleased to make flying with TUI an even more enjoyable experience with this latest order.”

TUI Group last year announced its five year sustainability strategy, ‘Better Holidays Better World 2015-2020,’ built around three core pillars to help shape the future of sustainable tourism. As one pillar, TUI aims to operate Europe’s most carbon efficient airlines and reduce the carbon intensity of its operations by a further 10% by 2020.

“With the 737 MAX, we will be able carry our short-haul customers further, in greater comfort, more efficiently and with an even lower environmental impact. The 737 MAX will contribute significantly towards fulfilling our commitment to further reducing the carbon intensity of our operations,” added Burling.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.

“TUI Group’s customers have benefited from the unrivaled passenger features on board the 787-8, since they became the UK launch customer in 2013,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The addition of 787-9s to its fleet will provide TUI Group with greater flexibility across its route network, while the 737 MAX will ensure it remains at the forefront of the European leisure market.”

The 787-9 complements and extends the 787 family. With the fuselage stretched by 6 meters (20 feet) over the 787-8, the 787-9 will fly up to 45 more passengers for TUI Group, an additional 520 kilometers (280 nautical miles) with the same exceptional environmental performance – 20 percent less fuel use and 20 percent fewer emissions than the airplanes they replace. TUI Group’s airlines currently operate a fleet of 13 787-8s and one 787-9.

Additionally, TUI Group has selected GoldCare Component Services for its Next-Generation 737 and 737 MAX fleet. It will be the launch customer for Boeing’s 737 MAX Component Services program. Boeing has provided 737 Component Services for Thomson Airways and Jetairfly, members of the TUI Group, since September 2007.

The Component Services program provides customers quick access to pooled material, as well as repairs, upgrades and warranty service for those parts in the program. By using the program, airlines can reduce their inventory costs, while managing their repair and overhaul needs through a predictable cost structure

There are six proprietary airlines in the TUI Group operating 136 medium and long-haul aircraft, including more than 100 Next-Generation 737s and 14 787s. These airlines are TUIfly, Thomson, TUIfly Nordic, Jetairfly, Corsair and TUIfly Netherlands, serving more than 180 destinations around the world.

Source: Boeing.

Boeing, Xiamen Airlines sign Memorandum of Understanding for 737 MAX 200s

Courtesy: Boeing.

Courtesy: Boeing.

Boeing and Xiamen Airlines announced today at the 2016 Farnborough International Airshow a Memorandum of Understanding for the purchase of up to 30 737 MAX 200 airplanes, valued at up to $3.39 billion at current list prices.

The airline, which is already a 737 MAX customer, sees the MAX 200 as a fit for its low cost subsidiaries, including Jiangxi Airlines and Hebei Airlines.

Both parties will work closely to finalize the agreement, which requires the approval of Xiamen Airlines board and the China Southern Airline Group board, as well as the Chinese Government.

“We are pleased with this new milestone in our relationship with Xiamen Airlines,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The market-leading efficiency and reliability of the 737 MAX 200 will enable Xiamen and its subsidiaries to expand its growing network, while maintaining an optimal fleet. This MOU further demonstrates the strength of our enduring partnership and we look forward to finalizing the deal in the near future.”

Xiamen Airlines currently operates an all-Boeing fleet of more than 140 airplanes including six 787 Dreamliners, 130 Next-Generation 737s and four 757s. The carrier plans to grow its operational fleet to 200 airplanes by the end of the decade and looks to expand regionally with the new 737 MAX.

Xiamen-based Xiamen Airlines is a stated-owned subsidiary of China Southern Airlines.

Source: Boeing.

Boeing, Vietjet finalize Vietnam’s largest ever commercial airplane purchase

Courtesy: Boeing.

Courtesy: Boeing.

VietJet Aviation Joint Stock Company and Boeing have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnam aviation. His Excellency Mr. Trần Đại Quang, President of the Socialist Republic of Vietnam, and U.S. President Barack Obama, witnessed the historic agreement, valued at approximately $11.3 billion at current list prices.

The signing ceremony, conducted by Vietjet President and CEO Nguyễn Thị Phương Thảo and Boeing Commercial Airplanes President and CEO Ray Conner, took place at the Presidential Palace in Hanoi, at approximately 11:40 a.m. local time.

“Vietjet is efficiently operating a fleet of narrow body airplanes. Our investment in a fleet of B737 Max 200 will accommodate our strategy of growing Vietjet’s coming international route network including long haul flights,” said Madam Nguyễn Thị Phương Thảo during the signing. “Through this agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as the integration and development of the aviation industry in Vietnam.‎”

Courtesy: Boeing.

Courtesy: Boeing.

The airplanes will be delivered from 2019 through 2023, supporting Vietjet’s continuous growth of its domestic as well as international network in the region. This agreement also helps Vietjet to increase its fleet to more than 200 airplanes by the end 2023, with the most modern and advanced technology in the world.

“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry. We’re honored to be joined by President Quang and President Obama for this historic milestone and order of 100 737 MAX 200 airplanes,” said Conner. “Incorporating the latest design and technology features, the highly efficient 737 MAX 200 will provide Vietjet’s growing network with market-leading economics, a superior passenger experience and contribute significantly to their future success.”

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. To date, the 737 MAX has accumulated 3,098 orders from 65 customers around the world.

Source: Boeing.

Boeing 737 MAX makes first international journey for flight testing

Courtesy: Boeing.

Courtesy: Boeing.

The Boeing 737 MAX 8 has marked a key achievement after completing high altitude flight testing in La Paz, Bolivia. It’s the first international trip for the 737 MAX flight-test fleet.

The airport’s 13,300-foot (4,050-meter) altitude tested the MAX’s capability to take off and land at high altitudes, which can affect overall airplane performance.

“The engines and other systems performed well, as expected, under extreme conditions. That’s exactly what we wanted to see,” said Keith Leverkuhn, vice president and general manager of the 737 MAX program, Boeing Commercial Airplanes.

Flight testing for the 737 MAX is on schedule with three test airplanes having completed more than 100 flights combined. The fourth and final test airplane will make its first flight in the coming weeks. The program remains on track for first delivery in the third quarter of 2017.

Source: Boeing.