Seattle, Washington, December 12, 2023, PRNewswire – Boeing (NYSE: BA) and Avolon announced the Ireland-based lessor intends to purchase 40 more 737-8 airplanes to expand the lessor’s 737 MAX portfolio – consisting of 737-8 and 737-10 variants – to more than 110 jets. Avolon also ordered 40 737-8’s in June.
The new order is subject to shareholder approval by Bohai Leasing Co, Ltd (Shenzhen: 000415), Avolon’s main shareholder, and will be posted to Boeing’s Orders and Deliveries website when finalized.
The 737 MAX provides Avolon’s customers with greater flexibility across their network, while reducing fuel use and emissions by up to 20%. On average each airplane will save up to 8 million pounds of CO2 annually compared to airplanes it replaces.
The 737-8, with seating for 162 to 210 passengers depending on configuration anda range of up to 3,500 nautical miles, is the market’s most versatile single-aisle airplane, capable of operating profitably on both short and medium haul routes.
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