Macquarie AirFinance Places First Boeing Order with Purchase of 20 737 MAX Jets
Rhea-AI Summary
Boeing [NYSE: BA] and Macquarie AirFinance have announced a significant deal where Macquarie AirFinance has placed its first direct order for 20 Boeing 737-8 MAX jets. This purchase doubles Macquarie's existing 737-8 order book, bringing their total firm aircraft orders to 86. The 737-8 MAX can carry up to 210 passengers with a range of 3,500 nautical miles, offering 20% reduction in fuel use and carbon emissions compared to older models.
This order aligns with Boeing's 2024 Market Outlook, which predicts that nearly half of airplane deliveries through 2043 will replace older jets, improving fuel efficiency and sustainability. Macquarie AirFinance, a leading aircraft leasing provider, currently has a portfolio of 236 aircraft leased to 85 airlines across 49 countries.
Positive
- Boeing secured a new customer with Macquarie AirFinance's first direct order of 20 737-8 MAX jets
- The order doubles Macquarie's existing 737-8 order book, indicating strong demand
- 737 MAX family reduces fuel use and carbon emissions by 20% compared to older models
- The deal aligns with Boeing's 2024 Market Outlook, supporting long-term growth prospects
Negative
- None.
News Market Reaction – BA
On the day this news was published, BA gained 4.24%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FARNBOROUGH,
By expanding its 737 MAX portfolio, Macquarie AirFinance will scale-up its fleet of fuel-efficient, new generation airplanes to meet the growing demand of its airline customers.
"The continued expansion and renewal of our fleet underscores our confidence in the strong future growth prospects of global commercial air transport. This order increases our existing OEM order book to 86 firm aircraft and will enable our airline partners to access the most modern, fuel-efficient aircraft," said Eamonn Bane, CEO of Macquarie AirFinance.
Known for its versatility, the 737-8 can carry up to 210 passengers based 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 plans by reducing fuel use and carbon emissions by
"As single-aisle fleet renewals gain momentum, Macquarie AirFinance's choice of the 737-8 will allow its customers to phase out older airplanes and operate the industry's most fuel-efficient jets," said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. "Lessors such as Macquarie AirFinance are key partners to Boeing and our airline customers, supporting airplane deliveries and offering financial solutions to carriers that want to renew or grow their fleets with the 737 MAX."
Boeing's 2024 Market Outlook indicates that nearly half of airplane deliveries through 2043 will replace older jets, improving fuel efficiency and sustainability.
Macquarie AirFinance is a leading provider of aircraft leasing and financing solutions with a portfolio of 236 aircraft leased to 85 airlines across 49 countries and a firm orderbook of 86 new technology Boeing and Airbus aircraft. With offices in
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
FAQ
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