Kuwait Aviation Lease And Finance Company (ALAFCO) and Boeing announced (10-Jul-2012) a commitment for 20 737 MAX 8 aircraft, valued at USD1.9 billion at current list prices. Boeing looks forward to finalising the agreement. [more - original PR]
Boeing and ALAFCO announce commitment for 20 737 MAXs
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Boeing tops 1,000 737 orders for 2012, hits record annual delivery level
The year 2012 is the year of the 737. Much as Airbus broke sales records with its A320neo in 2011, Boeing is experiencing a similar re-writing of its own sales records with the 737 MAX this year.
Earlier this week, Boeing delivered its 377th 737 for the year – a 737-900ER for United Airlines – making 2012 a record delivery year. United Airlines was Boeing’s second 737 customer – after Lufthansa – placing a mammoth order (by 1965 standards) for 40 aircraft. When the 737s began going out to customers in 1968, it took Boeing almost eight years to deliver 377 aircraft.
Net year-to-date orders for the 737 Next Generation and the new MAX have totalled 1,031 aircraft. This is almost 200 more than the previous single year record of 846 orders set in 2007. As is typical for the airline industry, the ordering peak occurred just prior to the onset of a major dip in global passenger traffic, triggered by the global financial crisis.
Airbus A330 continues to pull in sales even as the 787 Dreamliner recovers momentum
Airbus continues to celebrate A330 sales success, pulling in another order (three A330s from Oman Air) this week. The A330 is nearly two decades older than its most direct rival, Boeing’s 787, but the aircraft continues to match the newer aircraft in terms of popularity. When Boeing launched the 787 programme in 2004, the aircraft was seen as a major threat to A330 sales. However, the predicted paucity of A330 orders has failed to materialise, with sales of the older jet meeting those of its newer rival almost on a one-to-one basis over the last decade.
Since the launch of the 787 in 2004, Boeing has sold 890 of the carbon fibre and composite aircraft. The manufacturer claims that the aircraft is 20% more fuel efficient than “similarly sized aircraft” such as the A330 and its own 767. The aircraft is also billed as offering a similar level of savings in terms of maintenance costs and an overall 10% lower cost per seat mile. The 787's iconic value is also being marketed strongly by its operators.