Boeing’s 737 MAX program gained a welcome endorsement with an order for 35 new aircraft from Aviation Capital Group LLC, a U.S.-based aircraft leasing agency with a global customer base. The new order increases Aviation Capital Group’s for Boeing 737 MAX jets to a total of 82 new twin-engine aircraft.
Their joint announcement did not reveal the delivery dates for the new aircraft – which is a matter of some interest in view the reduced production rate for the 737 MAX program.
"This firm order for additional 737 MAX aircraft enhances the strategic value of ACG's order book, supports a key pillar of our growth strategy and reinforces our commitment to invest in modern and fuel-efficient aircraft technology," stated Thomas Baker, CEO and president at ACG. "We look forward to supporting our airline customers throughout the world with these highly versatile and fuel-efficient aircraft."
The order calls for Boeing to supply 16 737 MAX-8 and 19 737 MAX-10 jets. No value has been announced for the new order, though according to the listed values of the aircraft Boeing could be expected to earn $4.5 billion from the sale of the additional jets.
Aviation Capital Group’s current portfolio includes 14 737 MAX 8 and four 737 MAX 9 jets, which are in service with Aerolíneas Argentinas, Copa Airlines, Hainan Airlines, Icelandair, SCAT Airlines, Sunwing Airlines, TUI Airways, TUI fly, and WestJet.
