RENTON, WA - JANUARY 29: A Boeing 737 MAX 8 airliner lifts off for its first flight on January 29, 2016 in Renton, Washington. The 737 MAX is the newest of Boeing's most popular airliner featuring more futel efficient engines and redesigned wings. (Photo by Stephen Brashear/Getty Images)

FARNBOROUGH — TAROM and Boeing have today inked a deal at the Farnborough Air Show 2018 for five Boeing 737 MAX 8 aircraft, worth $586 million at current list prices.

This was previously listed as an unidentified order on Boeing’s website.

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Wolff Werner-Wilhelm, TAROM Airlines CEO, established regarding the upcoming order:

“This is an exciting time for TAROM as we upgrade our fleet and build strong partnerships that will benefit all of our passengers.”

“The 737 MAX will provide our customers with exceptional performance, reliability, and efficiency, with an extended range that will enable us to better serve our current routes and open new markets,” Werner-Wilhelm argued.

“This new acquisition represents a true statement of change for TAROM.”

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TAROM will be using the CFM International LEAP-1B engines, with advanced technology winglets and other improvements to delivering the efficiency and reliability promised by Boeing with this aircraft.

The 737 MAX program has gained over 4,600 orders from 100 different customers globally so far.

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“We are delighted that TAROM is joining the 737 MAX family as they grow their fleet and expand their network,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for Boeing.

“When combined with support from our Boeing Global Services team, the MAX 8 will enable TAROM to offer a consistent and exceptional passenger experience while maximizing revenue potential at the best cost per seat in the industry,” he continued.

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For TAROM, this will be good for their fleet renewal as well as opening up new routes within the European and Romanian market, both domestically and internationally.

The airline’s executives disclosed that even though these new planes will be joining their fleet by 2023, they also have options to lease other aircraft in the meantime.

Werner-Wilhelm told Airways that the new Boeing planes will be replacing older 737s and possibly the A318s. They did not respond to operating a potential all-Boeing fleet in the future.

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At last, the airline’s CEO mentioned that the new planes will strengthen the airline’s European network. “We don’t have plans to fly further than Europe, at this time,” he said.

Airways is LIVE at the Farnborough Airshow 2018. Follow our rolling coverage on Twitter at @AIRWAYSLIVE and @AIRWAYSMAGAZINE.