On November 13, Boeing confirmed that they have signed a deal with Aviation Lease and Finance Company (ALAFCO) for 20 additional 737 MAX 8s at the Dubai Airshow. Thus, the lessor has doubled its order for the aircraft and now expects to receive 40 planes. The deal was initially announced as a commitment during the Paris Air Show and is valued at $2.2 billion at current prices.
“Our customers rely on fuel-efficiency, reliability and low operating costs to be successful and the 737 MAX aircraft will meet the needs of our customers, and support ALAFCO’s future growth,” said Adel A. Albanwan, Deputy Chief Executive Officer, ALAFCO. “We have had success with the 737 family in the past and are confident the 737 MAX will continue to help grow our business.”
“We are pleased to grow our partnership with ALAFCO and support their fleet expansion,” said Boeing Commercial Airplanes President & CEO Kevin McAllister. “The 737 MAX 8’s ability to fly further than the competition while using less fuel is one of many reasons why customers like ALAFCO have helped make the 737 MAX the fastest-selling airplane in Boeing history.”