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

Aerospace workers adjust to changing industry

The number of Boeing workers dropped almost 10 percent since last year.

Tom Hoban
Are millennials warming up to life in suburbia?

They dominate the apartment market and their wants need to be accounted for, says columnist Tom Hoban.

Camano artist mixes flask, paintings for successful cocktail

Art flasks prove popular as bachelorette gifts, birthday presents and wedding favors.

Fluke’s T6 Electrical Testers receives Innovation Awards honor

Fluke’s T6 Electrical Testers have received top honors in the Tools and… Continue reading

Everett volunteer named ‘community champion’ by Molina Healthcare

Everett’s Jorge Galindo was one of seven people across the state to… Continue reading

Cascade Valley Health to hold Festival of Trees in Arlington

Cascade Valley Health Foundation will be holding their fifth annual Festival of… Continue reading

7-Eleven program helped add 500 trees, shrubs to Everett park

Last month, 7-Eleven helped plant more than 500 trees and shrubs at… Continue reading

Pentagon inspector general praises secret $80 billion bomber

US Government Accountability Office in 2016 rejected a protest filed by Boeing-Lockheed Martin.

Everett’s Sentry Credit celebrates a quarter century in business

Sentry Credit Inc. in Everett is celebrating its 25th year in business.… Continue reading

Most Read