GECAS and Boeing Announce Orders for 75 737 MAX Aircraft

GE Capital Aviation Services, the aircraft leasing service from GE and Boeing have announced an order for 75 737 MAX 8 aircraft.

Image copyright: Boeing
Image copyright: Boeing

“These new orders will enable GECAS to serve our clients’ needs – assisting in managing their fleets, transitioning aircraft and providing new equipment. Our customers want the latest technology and fuel efficiency, and the CFMI LEAP-1B engine on these aircraft deliver outstanding productivity and reliability in the single-aisle market” said Alec Burger, President, and CEO, GECAS.

About the Boeing 737 MAX

The new family of the Boeing 737- the 737 MAX aircraft consists of four new variants: the -7, -8, MAX 200, and the -9. Seating ranges from 138-220 seats across the line. The new 737 MAX is powered by the brand-new, fuel-efficient CFM LEAP-1B engine which produces up to 28,000 lbs. of thrust each. According to Boeing, the new Advanced Technology Winglet will provide an additional 1.5% fuel savings on top of the 10-12% improvement expected for the MAX. To date, the 737 MAX has a total 3,419 orders, making it the fastest-selling airplane in Boeing history.

About GECAS

GECAS is a global leader in financing and leasing services for commercial aircraft, totaling about 50 years experience. The GECAS fleet consists of many aircraft which includes helicopters, freighters, narrowbodies, widebodies, turboprops, and regional jets. Services include operating leases, purchase/leasebacks, engine leasing, among other services for airlines. The company serves 270 customers in over 75 countries.

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