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Avolon places firm order for 25 Boeing 737

Boeing and Avolon, the international airplane leasing company, finalized a firm order for 10 737 MAX 8s, 5 737 MAX 9s and 10 Next-Generatio...


Boeing and Avolon, the international airplane leasing company, finalized a firm order for 10 737 MAX 8s, 5 737 MAX 9s and 10 Next-Generation 737-800s.
The order, first announced as a commitment at the Farnborough Airshow in July, has a current list-price value of $2.4 billion.
The 737 MAX is a new-engine variant of the world's best-selling airplane and builds on the strengths of today's Next-Generation 737. The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Airlines operating the 737 MAX will see a 13 percent fuel-use improvement over today's most fuel efficient single-aisle airplanes and an 8 percent operating cost per seat advantage over tomorrow's competition.
With this order, Boeing now has 664 orders for the 737 MAX from seven customers.

Avolon headquartered in Ireland, with offices in Stamford CT, Hong Kong, Shanghai, Singapore and Dubai, provides aircraft leasing and lease management services.