SEATTLE, Sept. 12,
2023 /PRNewswire/ -- Boeing [NYSE: BA] and SMBC
Aviation Capital announced today the airplane lessor is ordering 25
737-8s. The new order increases SMBC's backlog to 81 737 MAX jets
focused on the market-leading 737-8.
With travel demand surging around the globe, lessors are looking
to increase their single-aisle portfolios to provide airlines with
more fuel-efficient jets capable of operating across various route
networks.
"We are pleased to conclude this further order with our
long-standing partner Boeing and we look forward to working closely
with them in the future. This transaction demonstrates our
commitment to provide our customers with the latest-technology,
most fuel-efficient aircraft, as they seek to meet their own
sustainability objectives and reduce operating costs," said
Peter Barrett, CEO of SMBC Aviation
Capital. "Our customers have demonstrated clear, long-term demand
for the 737 MAX and our expanded order pipeline positions SMBC
Aviation Capital for future growth against the background of a
strong global recovery in air travel."
The 737-8 provides flexibility across airline's networks while
reducing fuel use and emissions by up to 20% and on average. Each
airplane will save up to 8 million pounds of CO2
emissions annually compared to those airplanes it replaces. Boeing
has secured more than 400 737 MAX family orders in 2023.
"As one of the industry's leading airplane lessors, SMBC's
decision to increase its 737 MAX backlog with an order for 25
737-8s shows its confidence in the value the airplane brings to its
airline customers," said Stan Deal,
president and CEO of Boeing Commercial Airplanes. "The 737-8's
incredible versatility and unrivalled fuel-efficiency makes it a
key asset for the leasing community in its drive to help airlines
achieve sustainability and efficiency goals."
The 737-8 seats 162 to 210 passengers depending on configuration
with a range of 3,500 nautical miles and operates profitably on
short- and medium-haul routes.
About SMBC Aviation Capital
Based in the IFSC in
Dublin Ireland, SMBC Aviation
Capital is the second largest aircraft operating lease company
globally by number of aircraft, with an owned, managed and
committed fleet of just under 900 aircraft. The company focuses on
the most technologically advanced, fuel efficient and narrowbody
aircraft types, providing customers across the globe with the
aircraft they need to successfully grow their businesses.
Established in 2001, the company was acquired in 2012 by a
consortium comprised of two of Japan's biggest companies SMFG and Sumitomo
Corporation. For additional information, please visit SMBC
Aviation Capital's website at https://www.smbc.aero/.
About Boeing
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.
Boeing Media Relations
media@boeing.com
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SOURCE Boeing