Aviation Capital Group Grows with order for 35 Boeing 737 MAX Jets

SEATTLE, /PRNewswire/ — Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced July 15, 2024, the airplane lessor has finalized an order for 35 737 MAX jets, including 16 737-8 and 19 of the larger 737-10 variant.

Following an incremental 737 MAX order last year, this new purchase increases ACG’s 737 MAX commitment to 82 orders as ACG grows its portfolio to meet customer demand for fuel-efficient airplanes.

“This firm order for additional 737 MAX aircraft enhance the strategic value of ACG’s order book, supports a key pillar of our growth strategy and reinforces our commitment to invest in modern and fuel-efficient aircraft technology,” said Thomas Baker, Chief Executive Officer and President at ACG.

The 737-8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles (6,480 km), while the 737-10, the largest 737 MAX model with the best per-seat economics of any single-aisle airplane, seats up to 230 passengers with a range of 3,100 nautical miles (5,740 km). Both variants reduce fuel use and carbon emissions by 20% compared to the airplanes they replace.

On average, each 737 MAX saves up to eight million pounds of CO2 emissions annually and is a quieter airplane, with a 50% smaller noise footprint than the airplanes it replaces.

Source Boeing / Edited by Airline Adviser in partnership with Fire and Aviation TV 07/17/24