New Caribbean airline
Arajet orders 20 Boeing 737 MAX jets
By
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14 March 2022
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Aircraft
commitments include firm order, options and lease agreements for up to 40 jets
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Carrier
launches in Santo Domingo, Dominican Republic, to operate all-737 MAX fleet
Boeing and Arajet announced today the new
Caribbean airline has ordered 20 737 MAX aeroplanes, specifically the
high-capacity 737-8-200 model, to deliver low operating costs and expand
affordable travel options in the Americas. Arajet also has options to purchase
15 additional 737 MAX jets which, along with existing lease agreements, could
take the airline’s new fuel-efficient fleet to 40 aeroplanes. The aircraft
order was finalised in January and is currently attributed to an unidentified
customer on Boeing’s Orders and Deliveries website.
Render of Arajet 737-8 (Boeing image)
“The efficient Boeing 737 MAX, together with
financial and operational support from our partners at Griffin and Bain
Capital, gives us the solid foundation necessary to provide flights at
affordable prices to travellers in the region,”
said Victor Pacheco Mendez, founder and executive officer of Arajet. “These partners believe in our vision
and see the same bright future for this market and beyond. The entire team was
elated to see our first aircraft arrive in Santo Domingo a few days ago, and we
are eager to expand our fleet with more of these amazing jets in the months
ahead.”
The airline hosted a launch event today at its new
hub in Santo Domingo, Dominican Republic. Positioned between North and South
America, this location in the Caribbean will leverage the range of the 737 MAX
to efficiently serve a large number of traditional and underserved markets in
the continental United States, Brazil, Colombia and beyond. The 737 MAX can fly
further and uses 20% less fuel than prior generation aircraft. Other key
benefits of Arajet’s new fleet include a better environmental performance with
a 40% reduction in community noise and lower emissions.
Arajet’s first jet, a 737-8 leased from Griffin Global
Asset Management, was delivered in early March. The jet was toured today by
Dominican President Luis Abinader, who attended the launch event, along with
industry, government and tourism officials. As travel and tourism recovers
globally, Arajet will bring approximately 4,000 new jobs and significant new
economic development to the island nation. Tourism makes up 8.4% of the
Dominican Republic’s GDP.
“The 737 MAX is the perfect fit for Arajet and it’s
an honour to welcome this exciting new operator to the Boeing family,” said Mike Wilson, vice president of sales, Latin
America & Caribbean, Boeing Commercial Airplanes. “Flying an exclusive 737 MAX fleet
will enable Arajet to save on fuel, maintenance and operations costs, and pass
those savings on to its customers.”
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