Paris Air Show: Boeing announces order for 737s

  • Michelle Dunlop Herald Writer
  • Wednesday, June 17, 2009 8:08am
  • Business

The Boeing Co. broke its orders slump at the Paris Air Show, finally announcing an order for 737s on Wednesday.

The order came from MC Aviation Partners, a wholly owned subsidiary of Mitsubishi Corp., for two Boeing Co. 737-800s, valued at $153 million at list prices.

“We are delighted that we signed a purchase agreement with Boeing for two 737-800s. We consider this a very memorable event for MCAP and Boeing. These aircraft will be leased to Skymark Airlines Inc. in Japan,” said Tatsuo Sato, CEO, MCAP, in a statement.

The order represents MCAP’s first direct purchase of airplanes from Boeing. The Tokyo-based MCAP, which holds the largest aircraft lease assets in Japan, owns 60 airplanes worth more than $2 billion. MCAP also manages 60 other airplanes.

“Boeing has enjoyed a long and productive relationship with Mitsubishi Corp., and we now look forward to a new chapter as we build a strong relationship with MCAP,” said John Wojick, Boeing vice president of sales – leasing and asset management.

Boeing did not announce orders the first two days of the air show. Its rival Airbus received several orders, including a new request for its A350 XWB.

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