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PAS 2017 Analysis: Monarch Announces 737 MAX Order & Services Agreements

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PAS 2017 Analysis: Monarch Announces 737 MAX Order & Services Agreements

PAS 2017 Analysis: Monarch Announces 737 MAX Order & Services Agreements
June 19
17:34 2017

PARIS – UK carrier, Monarch Airlines, announced an order for 15 additional Boeing 737 MAX 8 aircraft at the 2017 Paris Air Show on Monday. The order brings the total number of 737 MAX 8s on order to 45. Monarch also selected Boeing’s Global Fleet Care for its entire 737 MAX fleet.

“This is a momentous day for our business,” said Monarch’s CEO Andrew Swaffield. “The decision to exercise our option for an additional 15 737 Max 8 aircraft is a clear illustration of confidence in Monarch’s future success.”

“By the end of 2022, Monarch will have a completely new, modern fleet which will transform both the airline and the customer experience. The highly fuel-efficient fleet will also help Monarch reduce its environmental impact and add £100m-a-year to our bottom line from lower fuel and servicing costs. Furthermore, Boeing’s willingness to partner with us to grow our maintenance and repair business is a tremendous endorsement of Monarch’s expertise and experience in this area.”

In addition to the Global Fleet Care agreement, Monarch has also chosen Boeing as its flight training provider for its 737 MAX fleet. The announcement came just minutes after fellow European carrier Norwegian announced it had chosen Boeing for the very same flight training program.

“Boeing is committed to providing our customers with services solutions that meet their unique needs,” said Stan Deal, President, and CEO of Boeing Global Services. “It is our goal to provide the best customer service experience in the aerospace industry through programs, products, and services such as Boeing Global Fleet Care.”

Monarch and Boeing also agreed to collaborate on securing additional third-party fleet servicing agreements.

According to Boeing, “The partnership will seek to capitalize on Boeing’s strength and reach within the industry and the expertise of Monarch Aircraft Engineering (MAEL), which has been providing maintenance, repair, and overhaul services to some of the world’s best-known airlines for 50 years.”

The Monarch order for 15 737 MAX 8 aircraft was previously identified as an unidentified customer order on Boeing’s website. The options were converted to a firm order only after Monarch was able to confirm that a lessor could take back 13 frames from the airline at an early date.


About Author

Benjamin Bearup

Benjamin Bearup

Aviation journalist and social media guru from Atlanta, Georgia. I travel for the people I meet and the connections I make. High school senior with a passion for aviation business management. @TheAviationBeat

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