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

Health-care consumers need to take the lead, so get smart

David Russian, CEO of Western Washington Medical Group, writes our third essay about fixing health care.

Robots on Wall Street: Slow-footed regulators lose ground

Watchdogs have to figure out how to check computers running lightening-fast algorithms.

More business, more competition for Everett kidney dialysis center

Nonprofit Puget Sound Kidney Centers sees large for-profit competitors enter state market.

Molina Medical holds fall carnival for families in Everett

Molina Medical is hosting a free event for families in the Everett… Continue reading

Leadership Snohomish County celebrates 20 years of service

Leadership Snohomish County is celebrating its 20th anniversary. The organization was launched… Continue reading

Snohomish, Monroe manufacturers honored for innovation, excellence

Two Snohomish County companies have been honored with Manufacturing Excellence awards at… Continue reading

Remodeled home tours planned this weekend

This weekend, Edmonds-based Chermak Construction will participate in the 2017 Remodeled Homes… Continue reading

Barron Heating to celebrate anniversary at Marysville showroom

Barron Heating and Air Conditioning is celebrating its 45th anniversary from 10… Continue reading

US budget deficit hits $666B, an $80B spike for the year

The deficit issue has largely fallen in prominence in Washington in recent years.

Most Read