Boeing’s 737 MAX tops 1,000 orders with $6B deal

The Boeing Co.’s updated 737 MAX jet has won more than 1,000 orders thanks to a deal reached in late 2012, the company announced Wednesday.

An order for 60 aircraft from leasing company Aviation Capital Group pushed the re-engined 737 MAX program over the 1,000 order milestone. The deal for 50 737 MAX 8s and 10 737 MAX 9s, was finalized in December 2012. The order is valued at $6 billion at list prices.

“Reaching 1,000 orders in just over a year’s time from our first order validates the exceptional value the 737 MAX offers our customers,” Bob Feldmann, general manager of the 737 MAX program, said in a statement.

Boeing says its 737 MAX will save airlines 8 percent in operating costs compared to the closest competitor. The jet maker’s rival Airbus launched its A320 new engine option, or A320neo, jet in late 2010. That aircraft won 1,000 orders in 2011. Boeing began offering its 737 MAX to customers in August 2011.

“Customers are expressing confidence in our ability to deliver improved performance on schedule,” Feldmann said.

With the order from Aviation Capital Group, Boeing’s 737 MAX has orders for 1,029 airplanes.

More in Herald Business Journal

Voters are on the sidelines as the port fills a vacant seat

Troy McClelland resigned from the Port of Everett commission too late for an election before 2019.

Don’t rely just on productivity measurements to value a worker

The controversies swirling around the productivity data at the national level are… Continue reading

In space capsules today, little room but big improvement

Boeing and SpaceX are relying on a tried-and-true design as they each develop new spacecraft.

First Boeing KC-46 delivery to Air Force slides into 2018

Certification milestones have been missed, and problems have emerged in flight test, a source says.

SEC reveals hack, possibility info was used for trading

The regulatory agency said the hack was discovered last year.

Newest must-try eatery: 85°C Bakery Cafe in Lynnwood

The popular bakery, part of a Taiwan-based chain, is already drawing out-the-door crowds.

Snohomish County tax liens

Tax liens are gathered from online public records filed with the Snohomish… Continue reading

Trudeau: Canada could stop dealing with Boeing over dispute

Boeing had petitioned the U.S. to investigate government subsidies of Bombardier’s CSeries aircraft.

Toys ‘R’ Us files for bankruptcy but keeps stores open

Retailers of all kinds are struggling. Toys ‘R’ Us is among at least 18 other bankruptcies this year.

Most Read