Firm orders roll in for Boeing 737 MAX
Aircraft lessor GECAS ordered 75 Boeing 737 MAXs, and an unidentified customer added 22 more, bringing the firm order tally to 821.
Seattle Times aerospace reporter
It’s a very good week for Boeing’s 737 MAX.
The forthcoming jet’s sales tally swelled to 821 firm orders Wednesday, as aircraft lessor GE Capital Aviation Services finalized an order announced earlier for 75 of the MAX 8 model, and an unidentified customer added an order for 22 more MAXs.
The GECAS order had been announced in July at the Farnborough Air Show near London.
In addition to those jets, GECAS ordered 10 of the current 737-800NG models.
The total GECAS order for 85 jets is valued at $8.4 billion at list prices. Based on market-pricing data from aircraft-valuation firm Avitas, the real value of the order after standard discounts is about $4.2 billion.
The additional unidentified order has a list price of $2.2 billion but an estimated real value of about $1.1 billion.
The new orders follow Monday’s announcement that Brazilian low-cost carrier GOL had bought 60 MAXs.
The 737 MAX features new fuel-efficient engines built by CFM International, a joint venture between GE and Safran of France.
GECAS is General Electric’s aircraft-leasing unit of GE.
The MAX will be built at Boeing’s Renton plant, and plans call for it to enter service late in 2017.
It competes against the re-engined Airbus A320neo family, which launched about a year before the MAX and has racked up more than 1,400 orders.
Boeing has said it aims to have 1,000 MAX orders booked by the end of the year.
Dominic Gates: (206) 464-2963 or email@example.com