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Farnborough: Aviation Capital Group Sign for 20 737 MAX 8s

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Farnborough: Aviation Capital Group Sign for 20 737 MAX 8s

Farnborough: Aviation Capital Group Sign for 20 737 MAX 8s
July 17
10:38 2018

FARNBOROUGH — Boeing and Aviation Capital Group have today signed for 20 Boeing 737 MAX 8 aircraft, with the list prices being valued at around $2.34 billion. It also raises ACG’s direct-buy order quantity to 100 MAX aircraft.

READ MORE: Farnborough: GECAS Signs for Boeing 35 737-800BCFs

“The 737 MAX is core to our strategic growth plans, as the airplane continues to command strong interest in the marketplace,” said Khanh T. Tran, CEO of ACG.

“This order expands our diverse portfolio, which includes three 737 MAX variants, providing us with more flexibility and some of the most advanced single-aisle jets to serve our customers,” he added.

READ MORE: Farnborough: LEVEL Orders Two Additional A330-200s

“We are pleased to extend our partnership with ACG as they continue to expand their 737 MAX portfolio.”

“This order reflects continued market demand for the best single-aisle airplane in its class.”

“The 737 MAX will deliver exceptional performance and market-leading economics to ACG’s world-class customers for many years to come.”

READ MORE:Farnborough: ALC Orders 75 737 MAX and Three 787 Aircraft

ACG’s first 737 MAX aircraft were ordered back in 2012, for the MAX 8 and MAX 9 variants before adding orders for the MAX 10 earlier last year.

ACG will be using the LEAP-1B engines for their MAX8’s as well as the Boeing Sky Interior onboard.

The 737 MAX currently has 4,600 orders from 100 different customers across the globe.

READ MORE: Farnborough: Embraer Reveals Blockbuster Orders For E1, E2 Jets

Leasing companies have been storming the airshow this week, with over $15-20 billion worth of orders coming from lessors alone. It is something that we can expect to see more of as we approach the end of the airshow on Thursday.

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


About Author

James Field

James Field

James is a passionate AvGeek based in Manchester, U.K who has been actively spotting for years. James has been an Aviation Enthusiast for 8 years and has a fond likening to Concorde! James hopes to grow in the aviation industry with journalism being his primary focus.

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