Agreements

Boeing to deliver 13 737 MAX Jets to Aviation Capital Group

Boeing to deliver 13 737 MAX Jets to Aviation Capital Group.
On average, each 737 MAX aircraft saves up to eight million pounds of CO2 emissions annually compared to its predecessors.

Boeing and Aviation Capital Group have finalized an order for 13 Boeing 737 MAX jets, with ACG’s total order book to 47 Boeing 737 MAX jets including seven 737-8 and six 737-10 jets.

Boeing and Aviation Capital Group (ACG) have announced the finalization of an order for 13 Boeing 737 MAX aircraft, bolstering ACG’s order book to a total of 47 Boeing 737 MAX aircraft. This additional order includes seven 737-8 and six 737-10 jets as ACG seeks to meet the strong demand from its airline customers for the fuel-efficient Boeing 737 MAX family. The Boeing 737 MAX family offers airlines enhanced efficiency and route flexibility for short- and medium-haul air travel, making it an attractive option for aircraft lessors like ACG. To date, more than 1,300 737 MAX jets have been ordered by lessors.

The 737-8 can accommodate up to 210 passengers based on configuration and has a range of 3,500 nautical miles, while the 737-10, the largest variant in the 737 MAX family, can seat up to 230 passengers and has a range of 3,100 nautical miles. Both models deliver a 20% reduction in fuel use and carbon emissions compared to the aircraft they replace.

“We are pleased to expand ACG’s commitment to the 737 MAX program. This additional order will allow ACG to offer highly fuel efficient and versatile aircraft to our airline customers worldwide,” said Steven Udvar-Hazy, senior vice president and chief of Aircraft Operations, ACG.

On average, each 737 MAX aircraft saves up to eight million pounds of CO2 emissions annually compared to its predecessors. Additionally, the 737 MAX is quieter, with a 50% smaller noise footprint compared to earlier models.

Aviation Capital Group is a leading full-service aircraft asset manager, with over 480 owned, managed, and committed aircraft as of June 30, 2023. These aircraft are leased to approximately 90 airlines across roughly 45 countries. ACG, founded in 1989, operates as a wholly owned subsidiary of Tokyo Century Corporation.

“ACG’s growing and diverse 737 MAX portfolio allows its customers to operate a more sustainable, efficient fleet,” said Christy Reese, Boeing vice president of Global Leasing Commercial Sales & Marketing, Boeing Commercial Airplanes. “We look forward to helping ACG deliver the most fuel-efficient airplanes in the industry to its airline partners,” he further added.

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Boeing, a global aerospace company, specializes in the development, manufacturing, and servicing of commercial airplanes, defense products, and space systems for customers in more than 150 countries. Boeing is committed to advancing economic opportunity, sustainability, and community impact through innovation and by adhering to its core values of safety, quality, and integrity.