Boeing has landed a $3.9 billion order for 40 more of its popular single-aisle 737 airliners.
The order for 20 737 Max 8s and for 20 737-800s increases outstanding GECAS 737 orders to 482 aircraft. The leasing company has ordered 95 of the latest version of the 737, the 737 Max, and 387 737 Next Generation aircraft.
The 737 Next Generation is the model now being built for Boeing customers. The 737 Max is the is an advanced version of the 737 that will be equipped with more fuel-efficient engines, aerodynamic improvements and other modifications designed to improve its reliability and fuel consumption. The first of the Max models is scheduled to enter service with Southwest Airlines in 2017.
All 737s are built at Boeing's Renton factory.
"We ordered more 737 MAX 8s and Next-Generation 737-800s because demand continues to grow as our airline customers require more fuel-efficient aircraft to compete in the marketplace," said Norman C.T. Liu, president and chief executive officer of GECAS. "This order further strengthens the large GECAS order book.”