Boeing and Air Cambodia Announce Airline's Largest Single-Aisle Order for up to 20 737 MAX Jets

Rhea-AI Summary

Boeing (NYSE: BA) and Air Cambodia announced Air Cambodia's largest single-aisle order: a firm purchase of 10 737-8 jets with an option for 10 more, announced at the Singapore Airshow on Feb 3, 2026. This is Air Cambodia's first Boeing purchase and supports regional network growth.

The 737-8 offers up to 178 seats, ~3,500 nm range, and a 20% reduction in fuel use and emissions versus the airplanes it replaces.

Positive

• Firm order for 10 737-8 jets with option for 10 more
• First Boeing aircraft purchase by a Cambodian airline, expanding Boeing's regional footprint
• 20% reduction in fuel use and emissions versus replaced airplanes

Negative

• Only 10 jets are firm; additional 10 are options, not guaranteed

News Market Reaction

+0.06%

1 alert

+0.06% News Effect

On the day this news was published, BA gained 0.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Air Cambodia 737 MAX order: up to 20 airplanes Firm 737-8 jets: 10 airplanes Additional 737 MAX opportunity: 10 airplanes +5 more

8 metrics

Air Cambodia 737 MAX order up to 20 airplanes Largest single-aisle order, mix of firm and optional 737 MAX jets

Firm 737-8 jets 10 airplanes Firm order finalized December 2025

Additional 737 MAX opportunity 10 airplanes Option for 10 more 737 MAX in agreement

737-8 capacity up to 178 passengers Two-class configuration seating capability

737-8 range 3,500 nautical miles Maximum range for the 737-8 cited in release

Fuel and emissions reduction 20% Lower fuel use and emissions vs. airplanes it replaces

Air Cambodia current fleet 6 jets Existing single-aisle and regional jets in operation

Southeast Asia demand nearly 5,000 airplanes Boeing forecast for new airplanes over 20 years

Market Reality Check

Price: $242.59 Vol: Volume 5,980,359 vs 20-da...

low vol

$242.59 Last Close

Volume Volume 5,980,359 vs 20-day average 8,879,038 (relative volume 0.67) indicates lighter-than-normal trading. low

Technical Price 233.02 is trading above 200-day MA at 213.24, showing a pre-news uptrend despite a -0.3% daily move.

Peers on Argus

Peers showed mixed moves: LMT +2.58%, GD -0.84%, NOC flat, HWM +0.19%, TDG +. Wi...

Peers showed mixed moves: LMT +2.58%, GD -0.84%, NOC flat, HWM +0.19%, TDG +. With BA at -0.3% and no momentum-screener peers, action looked stock-specific.

Historical Context

5 past events · Latest: Jan 29 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 29	737 MAX order	Positive	-3.1%	Air India exercised options for 30 Boeing 737 MAX jets to grow fleet.
Jan 27	Earnings results	Neutral	-1.6%	Reported Q4 and full-year 2025 revenue, EPS, cash flow and record backlog.
Jan 20	787 & 737 order	Positive	+0.5%	Ethiopian ordered nine 787-9s and completed purchase of 11 737 MAX jets.
Jan 13	Delivery update	Positive	+2.0%	Reported 160 Q4 and 600 full-year 2025 commercial airplane deliveries.
Jan 13	Large 787 order	Positive	+2.0%	Delta ordered up to 60 787 Dreamliners, expanding its Boeing widebody fleet.

Pattern Detected

Recent Boeing order announcements have often seen modest or even negative next-day moves, regardless of the clearly positive commercial content.

Recent Company History

Over the past weeks, Boeing has reported multiple sizable commercial wins and core business updates. Orders from Delta for up to 60 787s, Ethiopian for nine 787-9s plus 11 737 MAX, and Air India for 30 737 MAX expanded a record backlog cited at $682B. Q4 and full-year 2025 results showed $23.9B and $89.5B in revenue, alongside 160 Q4 and 600 full-year deliveries. Today’s Air Cambodia 737 MAX deal adds another single-aisle customer to this order momentum.

Market Pulse Summary

This announcement added Air Cambodia as a new 737 MAX customer with up to 20 airplanes, including 10...

Analysis

This announcement added Air Cambodia as a new 737 MAX customer with up to 20 airplanes, including 10 firm 737-8 jets. It continued a series of recent Boeing order wins that expanded the commercial backlog, alongside Q4 2025 results showing $23.9B in revenue and 160 deliveries. Investors may monitor subsequent delivery schedules, production stability, and additional single-aisle commitments in Southeast Asia, where Boeing forecasts nearly 5,000 new airplanes over twenty years.

Key Terms

single-aisle, nautical miles

2 terms

single-aisle technical

"the airline's largest single-aisle order for up to 20 737 MAX airplanes"

single-aisle describes a passenger jet with one central walkway and seats on each side—what you see on most short- to medium-haul flights, often called a narrow-body plane. Investors care because these planes are the workhorses of airline networks: they cost less to buy and operate than larger wide-body jets, shape route capacity and frequency, and therefore strongly influence airline revenue, operating costs and demand for new planes and spare parts—think single-lane delivery vans versus multi-lane trucks.

nautical miles technical

"with a range up to 3,500 nautical miles (6,480 km)"

A nautical mile is a unit for measuring distance at sea equal to 1,852 meters (about 1.15 land or “statute” miles), based on the Earth’s geometry. Investors watch nautical miles because they determine shipping and travel distances, which affect fuel costs, transit time, and access to offshore resources and regulatory zones — like using highway miles to estimate fuel, time and legal right-of-way for land transport.

AI-generated analysis. Not financial advice.

-  Southeast Asian carrier places its first order with Boeing, boosting regional growth with the fuel-efficient 737-8
-  The 737 MAX will be the first Boeing airplanes operated by a Cambodian airline

SINGAPORE, Feb. 3, 2026 /PRNewswire/ -- Boeing [NYSE: BA] and Air Cambodia today announced the airline's largest single-aisle order for up to 20 737 MAX airplanes in an agreement unveiled at the Singapore Airshow. This marks the Southeast Asian carrier's first purchase of fuel-efficient Boeing airplanes.

The airline finalized its firm order for 10 737-8 jets and opportunity for 10 more in December 2025. The order was previously unidentified on Boeing's Orders and Deliveries website.

With the 737 MAX, Air Cambodia will renew and grow its fleet as air travel serves an increasing role in connecting people and places throughout the region. The airline will leverage the 737-8's capabilities, efficiency and passenger comfort features for its expanding network of high-demand routes across Asia.

"The 737-8 gives Air Cambodia the ideal combination of range, capacity and fuel efficiency to support our next phase of growth," said Dr. David Zhan, CEO of Air Cambodia. "This investment – Air Cambodia's largest narrowbody purchase – will let us launch direct services to important markets across North and Southeast Asia, and offer competitively priced travel for passengers, while creating local jobs and training opportunities that strengthen our communities."

The 737-8, which can fly up to 178 passengers in a two-class configuration with a range up to 3,500 nautical miles (6,480 km), is well-suited to support the airline's growing regional network. Air Cambodia will benefit from the airplane's flexible capacity and lower operating costs due to a 20% reduction in fuel use and emissions compared to the airplanes it replaces. 

"We are proud to welcome Air Cambodia as our newest 737 MAX customer and look forward to partnering with them to introduce the versatile and reliable 737-8 to the Kingdom of Cambodia," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "We are committed to supporting the growth of aviation in Cambodia and throughout the region as Air Cambodia strengthens ties across Asia with these fuel-efficient airplanes."

Air Cambodia currently operates a fleet of six single-aisle and regional jets on domestic and international routes to Vietnam, India, Thailand, China, Japan and Hong Kong.

Boeing's Commercial Market Outlook forecasts Southeast Asian carriers will need nearly 5,000 new airplanes over the next twenty years, with single-aisle jets comprising more than 80% of deliveries.

About Air Cambodia
Air Cambodia is the national full-service carrier of Cambodia, established by the Royal Government and headquartered in Phnom Penh with primary hubs at Phnom Penh International Airport and a China office in Zhengzhou. Air Cambodia operates domestic and regional routes across Southeast Asia, China, India and Japan. IOSA-certified and a three-star Skytrax carrier, Air Cambodia is pursuing rapid growth through fleet modernization, and this order for 10 Boeing 737 MAX supports its expansion.

About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

Contact:

Amber Mizerak
Commercial Sales Communications, Southeast Asia & Oceania
Amber.mizerak@boeing.com
+65 9783-1571 (Singapore)

Boeing Media Relations
media@boeing.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/boeing-and-air-cambodia-announce-airlines-largest-single-aisle-order-for-up-to-20-737-max-jets-302677291.html

SOURCE Boeing

FAQ

What did Boeing and Air Cambodia announce on Feb 3, 2026 regarding 737 MAX orders (BA)?

They announced a firm order for 10 737-8 jets with an option for 10 more. According to the company, the agreement was unveiled at the Singapore Airshow and marked Air Cambodia's first Boeing purchase.

How many seats and what range does the 737-8 offer for Air Cambodia (BA)?

The 737-8 can carry up to 178 passengers in a two-class layout with a range of about 3,500 nautical miles. According to the company, this supports the airline's expanding regional network across Asia.

What environmental or efficiency benefits did Boeing claim for the 737-8 in the Air Cambodia order (BA)?

Boeing cited approximately a 20% reduction in fuel use and emissions compared to the airplanes being replaced. According to the company, this lower fuel burn reduces operating costs and environmental impact for the airline.

When was Air Cambodia's order for 737-8 jets finalized and publicly announced (BA)?

The airline finalized a firm order and option package in December 2025 and the agreement was publicly announced on Feb 3, 2026. According to the company, the deal was unveiled at the Singapore Airshow.

What network and operational impact did Air Cambodia expect from the 737-8 purchase (BA)?

Air Cambodia said the 737-8 will enable route expansion to North and Southeast Asia and support higher-demand regional services. According to the company, the jets will help offer competitive fares and create local jobs and training opportunities.