- Aircraft commitments include firm order, options and lease
agreements for up to 40 jets
- Carrier launches in Santo Domingo,
Dominican Republic, to operate all-737 MAX fleet
SANTO DOMINGO, Dominican
Republic, March 14, 2022
/PRNewswire/ -- Boeing [NYSE: BA] and Arajet announced today the
new Caribbean airline has ordered
20 737 MAX airplanes, specifically the high-capacity 737-8-200
model, to deliver low operating costs and expand affordable
travel options in the Americas. Arajet also has options to purchase
15 additional 737 MAX jets which, along with existing lease
agreements, could take the airline's new fuel-efficient fleet to 40
airplanes. The aircraft order was finalized in January and is
currently attributed to an unidentified customer on Boeing's Orders
and Deliveries website.
![Render of Arajet 737-8 (Boeing image) Render of Arajet 737-8 (Boeing image)](https://mma.prnewswire.com/media/1765159/Boeing_Arajet_737_8.jpg)
"The efficient Boeing 737 MAX, together with financial and
operational support from our partners at Griffin and Bain Capital,
gives us the solid foundation necessary to provide flights at
affordable prices to travelers in the region," said Victor Pacheco Mendez, founder and executive
officer of Arajet. "These partners
believe in our vision and see the same bright future for this
market and beyond. The entire team was elated to see our first
aircraft arrive in Santo Domingo a
few days ago, and we are eager to expand our fleet with more of
these amazing jets in the months ahead."
The airline hosted a launch event today at its new hub in
Santo Domingo, Dominican Republic.
Positioned between North and South
America, this location in the Caribbean will leverage the range of the 737
MAX to efficiently serve a large number of traditional and
underserved markets in the continental United States, Brazil, Colombia and beyond. The 737 MAX can fly
further and uses 20% less fuel than prior generation aircraft.
Other key benefits of Arajet's new fleet include better
environmental performance with a 40% reduction in community noise
and lower emissions.
Arajet's first jet, a 737-8 leased from Griffin Global Asset
Management, was delivered in early March. The jet was toured today
by Dominican President Luis
Abinader, who attended the launch event, along with
industry, government and tourism officials. As travel and tourism
recovers globally, Arajet will bring approximately 4,000 new jobs
and significant new economic development to the island nation.
Tourism makes up 8.4% of the Dominican
Republic's GDP.
"The 737 MAX is the perfect fit for Arajet and it's an honor to
welcome this exciting new operator to the Boeing family," said
Mike Wilson, vice president of
sales, Latin America &
Caribbean, Boeing Commercial
Airplanes. "Flying an exclusive 737 MAX fleet will enable Arajet to
save on fuel, maintenance and operations costs, and pass those
savings on to its customers."
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future and living the company's core values of safety,
quality and integrity. Learn more at www.boeing.com.
Contact
Joe
Loeffler
Boeing Communications
425-306-2145
Joseph.o.loeffler@boeing.com
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SOURCE Boeing