Boeing, Aviation Capital Group Finalize Order For 13 737 MAX Jets
September 05 2023 - 2:13PM
Business Wire
- Lessor grows and diversifies order book with new 737-8 and
737-10 jets - Boeing 737-10 order momentum continues; more than 800
unfilled orders for 737 MAX family’s largest jet
Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced
today the airplane lessor has finalized an order for 13 737 MAX
jets, increasing the lessor’s order book to 47 737 MAXs.
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Boeing and Aviation Capital Group LLC
(ACG) announced today that the airplane lessor has finalized an
order for seven 737-8 and six 737-10 jets as ACG grows its
single-aisle options to meet robust customer demand for the
fuel-efficient 737 MAX airplane family. (Photo: Business Wire)
The new, incremental order includes seven 737-8 and six 737-10
jets as ACG grows its single-aisle options to meet robust customer
demand for the fuel-efficient 737 MAX airplane family.
“We are pleased to expand ACG’s commitment to the 737 MAX
program. This additional order will allow ACG to offer highly fuel
efficient and versatile aircraft to our airline customers
worldwide,” said Steven Udvar-Hazy, Senior Vice President and Chief
of Aircraft Operations at ACG.
The 737 MAX family offers carriers enhanced efficiency and route
flexibility for short- and medium-haul air travel, making the 737
MAX family a valuable asset for airplane lessors such as ACG.
Lessors have ordered more than 1,300 737 MAX jets.
The 737-8 can carry up to 210 passengers based on configuration
with a range of 3,500 nautical miles, while the 737-10, the largest
737 MAX model, seats up to 230 passengers with a range of 3,100
nautical miles. Both variants reduce fuel use and carbon emissions
by 20% compared to the airplanes they replace.
“ACG’s growing and diverse 737 MAX portfolio allows its
customers to operate a more sustainable, efficient fleet,” said
Christy Reese, vice president of Global Leasing Commercial Sales
& Marketing, Boeing Commercial Airplanes. “We look forward to
helping ACG deliver the most fuel-efficient airplanes in the
industry to its airline partners.”
On average, each 737 MAX saves up to eight million pounds of CO2
emissions annually compared to the airplanes it replaces. The 737
MAX is a quieter airplane, with a 50% smaller noise footprint than
the airplanes it replaces.
Aviation Capital Group is one of the world’s premier
full-service aircraft asset managers with over 480 owned, managed
and committed aircraft as of June 30, 2023, leased to roughly 90
airlines in approximately 45 countries. It was founded in 1989 and
is a wholly owned subsidiary of Tokyo Century Corporation. Follow
ACG on LinkedIn, and for more information, visit
www.aviationcapitalgroup.com.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230905428324/en/
Boeing Media Relations media@boeing.com
Aviation Capital Group Media Relations Elizabeth Stevens
MediaRelations@AviationCapital.com
Aviation Capital Group Investor Relations Matthew Novell
InvestorRelations@AviationCapital.com
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