Subscribe Free
in Air Transport

PARIS AIRSHOW: Boeing and ALAFCO announce commitment for 20 737 MAX 8s

Posted 20 June 2017 · Add Comment

Boeing and Kuwait-based ALAFCO Aviation Lease and Finance Company (ALAFCO) announced a commitment for 20 737 MAX 8s at the 2017 Paris Airshow, valued at $2.2 billion at current list prices.

ALAFCO, a global provider of commercial aircraft leasing products, already has unfilled orders for 20 737 MAX airplanes and was also one of the first Middle East customers for the 787 Dreamliner. The new commitment when finalized, will boost the lessor’s order to 40 737 MAXs.

“As a lessor, we are committed to provide our global customer base with technologically-advanced aircraft,” said Ahmad Alzabin, chief executive officer and vice-chairman, ALAFCO.

“Fuel efficiency, operational reliability and efficiency are key factors for our airline customers and the 737 MAX will help us meet those demands in the single-aisle market.” 

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market.

“ALAFCO’s commitment to purchase 20 more 737 MAXs is an excellent endorsement of the aircraft which is already the fastest-selling airplane in Boeing history,” said Ihssane Mounir, senior vice president, Global Sales and Marketing, Boeing Commercial Airplanes. “We are very pleased with this opportunity to help expand ALAFCO’s single-aisle portfolio with the 737 MAX and look forward to strengthening and growing this partnership even further.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

GDC Middle East awarded contract by Sierra Nevada Corporation

GDC Middle East has been awarded a sub-contract by U.S. contractor, Sierra Nevada Corporation (SNC) to upgrade King Air 350 aircraft to Special Mission (ISR) aircraft.

Dubai Airshow: Turkish Technic and SAEI consolidate maintenance partnership

Turkish Technic. and SAEI (Saudia Aerospace Engineering Industries) signed an MoU during the Dubai Airshow.

Dubai Airshow: Saudia and Panasonic sign for 35 aircraft IFE deal

Saudi Arabian Airlines (Saudia) and Panasonic Avionics Corporation (Panasonic) have announced a new 35-aircraft commitment for inflight entertainment across the carrier's short haul fleet.

Dubai Airshow: Air Arabia selects AFI KLM E&M for CFM56-5B engine support A320 fleet

Air Arabia has signed a long-term, full engine support contract for its growing Airbus A320 fleet with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), a major multi-product MRO (Maintenance, Repair, Overhaul)

SAEI calls on AFI KLM E&M 787 expertise

Saudia Aerospace Engineering Industries (SAEI) has signed an agreement with AFI KLM E&M for full component support for a fleet of Boeing 787-9s.

Jet Aviation adds six business jets to its Middle East fleet

Jet Aviation has reported growth in the Middle East as it celebrated its 50th anniversary at the Dubai Airshow this week.

Kuwait Aviation SK1909310118
See us at
Aviation Africa BT18418Aviation Show 267291117AIME BT1204240118BIAS BT271017161118Global Aerospace BT28218Istanbul Airshow BT 2018AAS2017_BT0711061217