Boeing announces firm order for 35 737 MAX aircraft

July 16, 2024 | 17:28

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Embattled aviation giant Boeing on Monday announced that it had finalized a firm order with leasing company Aviation Capital Group for thirty-five 737 MAXs, its flagship aircraft, worth almost $4.5 billion at list price.

According to a press release, the order includes sixteen 737 MAX 8s and nineteen 737 MAX 10s, the largest version of the family but that has yet to receive certification from the US regulators.

Boeing announces firm order for 35 737 MAX aircraft, Photo boeing.com

The new order by ACG - a subsidiary of Japan's Tokyo Century Corporation - brings the company's total to 82 737 MAX aircraft.

The announcement, made a week before the opening of the Farnborough International Airshow in Britain, comes at a difficult time for the aircraft manufacturer.

Earlier this morning, the company announced that it would be presenting a reduced program at the show, scheduled for July 22-26, preferring to focus on improving production quality.

For many months, the aircraft manufacturer has been roiled by production and safety problems, which have triggered several investigations and led to a slowdown in the production of the 737 MAX.

The heavy scrutiny came after a January near-catastrophic incident on a 737 MAX flown by Alaska Airlines that was forced to make an emergency landing after a fuselage panel blew out.

Fallout from the incident has had an effect on its order book and on the rate of production.

In June, Boeing delivered 35 aircraft in the 737 family - including 34 737 MAXs - compared with 60 a year earlier, and won only three gross orders for 737 MAXs compared with 304 a year earlier.

The 737 MAX 8 can carry up to 210 passengers over a maximum range of 6,480 kilometers, while the MAX 10 can accommodate up to 230 passengers over a maximum range of 5,740 kilometers.

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By AFP

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