Boeing, Macquarie AirFinance Announce Order for 30 737 MAX Airplanes
Rhea-AI Summary
Boeing (NYSE: BA) has secured an order for 30 737-8 MAX aircraft from Macquarie AirFinance, expanding the lessor's 737 MAX portfolio to 70 aircraft. The order, initially booked as unidentified in July, strengthens Boeing's position in the leasing market, where the 737 represents approximately 30% of all financed airplanes.
The 737-8 MAX offers significant advantages, including 20% reduced fuel consumption and carbon emissions compared to predecessor models. The aircraft can accommodate up to 210 passengers with a range of 3,500 nautical miles. Boeing's 2025 Commercial Market Outlook projects demand for 33,000 new single-aisle airplanes over the next two decades.
Positive
- Significant order of 30 new 737-8 MAX aircraft from major lessor
- Expansion of Macquarie AirFinance's 737 MAX portfolio to 70 aircraft shows strong market confidence
- 737 MAX represents 30% of all financed airplanes, demonstrating strong market position
- 20% reduction in fuel use and carbon emissions compared to predecessor models
- Strong market outlook with projected demand for 33,000 new single-aisle planes over 20 years
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BA gained 1.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
With this order, Macquarie AirFinance will expand its 737 MAX portfolio to 70, providing its airline customers with access to the latest generation aircraft. The 737's large global customer base and low operating costs make it a cornerstone of most lessors' portfolios, representing approximately
"This incremental order marks another milestone in our company's growth strategy," said Eamonn Bane, CEO of Macquarie AirFinance. "The Boeing 737 MAX offers exceptional fuel efficiency, reliability, and passenger comfort, making it an ideal choice for our airline customers worldwide. "By expanding our fleet with these state-of-the-art aircraft, we are reinforcing our commitment to providing sustainable and cost-effective solutions to our partners, while supporting the future of global aviation."
Known for its versatility, the 737-8 can carry up to 210 passengers depending on configuration, with a range of up to 3,500 nautical miles (6,480 km). The 737 MAX family is well-suited to support airline fleet modernization by reducing fuel use and carbon emissions by
"Macquarie AirFinance's expanded commitment to the 737 MAX is a testament to the value of this airplane among the leasing community and our airline customers," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "Lessors remain an important partner to Boeing and global carriers in providing financial solutions that expand single-aisle fleets."
Lessor orders for the 737 MAX now account for nearly one-quarter of the total order book for the airplane family. Boeing's 2025 Commercial Market Outlook forecasts that 33,000 new single-aisle airplanes will be needed over the next 20 years to replace older models and meet air traffic growth.
About Macquarie AirFinance
Macquarie AirFinance is a leading provider of aircraft leasing and financing solutions with a portfolio of 227 aircraft leased to 84 airlines across 48 countries and a firm orderbook of 105 new technology narrowbody Boeing and Airbus aircraft. With offices in
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
Contact:
Boeing Media Relations
media@boeing.com
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SOURCE Boeing