News Release
Issued: Jul 23, 2024 (8:22am EDT)
To view this
release online and get more information about Boeing, visit: https://boeing.mediaroom.com/2024-07-23-Macquarie-AirFinance-Places-First-Boeing-Order-with-Purchase-of-20-737-MAX-Jets
Macquarie AirFinance Places First Boeing Order with Purchase
of 20 737 MAX Jets
- Lessor chooses 737 MAX flexibility and efficiency to support
airline customer fleet modernization
- 737 MAX positioned to replace significant wave of
Next-Generation 737 retirements
Photos(1)
FARNBOROUGH, United Kingdom,
July 23, 2024 /PRNewswire/
-- Boeing [NYSE: BA] and Macquarie AirFinance announced today that the
lessor has made its first direct order for Boeing airplanes. The purchase of 20
737-8s doubles Macquarie AirFinance's existing 737-8 order book, which it
acquired from ALAFCO Aviation Lease and Finance Co. in 2023.
By expanding its 737 MAX
portfolio, Macquarie AirFinance will scale-up its fleet of fuel-efficient, new
generation airplanes to meet the growing demand of its airline customers.
"The continued expansion
and renewal of our fleet underscores our confidence in the strong future growth
prospects of global commercial air transport. This order increases our existing
OEM order book to 86 firm aircraft and will enable our airline partners to
access the most modern, fuel-efficient aircraft," said Eamonn Bane, CEO of
Macquarie AirFinance.
Known for its versatility,
the 737-8 can carry up to 210 passengers based on configuration with a range of
up to 3,500 nautical miles (6,480 km). The 737 MAX family is well-suited to
support airline fleet modernization plans by reducing fuel use and carbon
emissions by 20% compared to the airplanes they replace.
"As single-aisle fleet
renewals gain momentum, Macquarie AirFinance's choice of the 737-8 will allow
its customers to phase out older airplanes and operate the industry's most
fuel-efficient jets," said Stephanie Pope, president and CEO of Boeing
Commercial Airplanes. "Lessors such as Macquarie AirFinance are key
partners to Boeing and our airline customers, supporting airplane deliveries
and offering financial solutions to carriers that want to renew or grow their
fleets with the 737 MAX."
Boeing's 2024 Market Outlook
indicates that nearly half of airplane deliveries through 2043 will replace
older jets, improving fuel efficiency and sustainability.
Macquarie AirFinance is a
leading provider of aircraft leasing and financing solutions with
a portfolio of 236 aircraft leased to 85 airlines
across 49 countries and a firm orderbook of 86 new technology Boeing
and Airbus aircraft. With offices in Dublin, London, San Francisco and
Singapore, Macquarie AirFinance is owned by Macquarie Asset Management, PGGM
Infrastructure Fund and Australian Retirement Trust.
As a leading global aerospace
company, Boeing develops, manufactures and services commercial airplanes,
defense products and space systems for customers in more than 150 countries. As
a top U.S. exporter, the company leverages the talents of a global supplier
base to advance economic opportunity, sustainability and community impact.
Boeing's diverse team is committed to innovating for the future and living the
company's core values of safety, quality and integrity. Learn more at www.boeing.com.
News Release
Issued: Jul 23, 2024 (9:47am EDT)
To view this
release online and get more information about Boeing, visit: https://boeing.mediaroom.com/2024-07-23-Qatar-Airways-Announces-Order-for-20-More-Boeing-777-9-Passenger-Jets
Qatar Airways Announces Order for 20 More Boeing 777-9
Passenger Jets
- 777X launch customer takes 777X order book to nearly 100
airplanes
- Order part of growth plan that includes 787 Dreamliner and
737 MAX
Photos(1)
FARNBOROUGH, United Kingdom, July
23, 2024 /PRNewswire/
-- Boeing [NYSE: BA] and Qatar Airways announced today the Middle Eastern
airline placed an order for 20 more 777-9 airplanes, which will be the world's
largest and most fuel-efficient twin-engine jet. The order, which expands the
carrier's 777X order book to nearly 100 airplanes, was finalized this year and
listed as unidentified on Boeing's Orders & Deliveries website.
The award-winning airline
helped launch the 777X program and now has on order 60 777-9 passenger
airplanes. Qatar Airways is also the inaugural launch customer for the 777-8
Freighter and has 34 of the next generation cargo jet on order.
"Qatar Airways is proud
to announce an expansion to the existing Boeing 777X aircraft order with an
additional 20, totalling 94 Boeing 777X aircraft," said Qatar Airways
Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer. "We, as the
World's Best Airline, are an industry leader and operate one of the youngest
fleets, offering unparalleled innovation and quality. Keeping an eye on the
future, we continue to ensure that all Qatar Airways passengers are only met
with the best products and services available in the industry."
Based on the popular Boeing
777 family and with advanced technologies from the 787 Dreamliner, the 777X
program is designed to set new standards of efficiency, environmental
performance and passenger experience. The 777-9 is the largest in the family
and will help operators open new growth opportunities with capacity for 426
passengers in a typical two-class configuration and a range of 7,295 nautical
miles (13,510 km).
Earlier this month, Boeing
began certification flight testing for the 777-9, which will offer a new level
of passenger comfort with a spacious cabin, better humidity, a quiet
environment and increased natural light.
"Qatar Airways is a
leader in our industry, and we are honored the airline added 20 more 777-9 jets
to its large Boeing order book," said Stephanie Pope, president and CEO of
Boeing Commercial Airplanes. "We appreciate their confidence that Boeing's
market-leading widebody family will provide outstanding fuel efficiency and a
superior passenger experience for its global operations."
In addition to the 777X
family, Qatar Airways has 12 787 Dreamliner and 25 737 MAX aircraft on
order.
Boeing's 2024 Commercial
Market Outlook forecasts that twin-aisle jets such as its 777X and 787
Dreamliner will make up 44% of the region's fleet across Middle Eastern
operators over the next 20 years.
About Qatar Airways
A multiple award-winning
airline, Qatar Airways won the 'World's Best Airline' for the unprecedented
eighth time at the 2024 World Airline Awards, managed by the international air
transport rating organisation, Skytrax. Qatar Airways has been the World's Best
Airline in 2011, 2012, 2015, 2017, 2019, 2021, 2022, and 2024. The airline
continues to be synonymous with excellence, also taking home, 'World's Best
Business Class', 'World's Best Business Class Airline Lounge', and 'Best
Airline in the Middle East'. As leaders in industry innovation and digital
adoption, Qatar Airways was also recently voted the 'World's Best Airline
Website' by World Travel Tech Awards.
Qatar Airways was the first
Airline in the Middle East to be certified to the highest level of IATA's
Environmental Assessment (IEnvA) programme, based on recognised environmental
management system principles (such as ISO 14001). As an inaugural signatory to
the Buckingham Palace Declaration in March 2016, Qatar Airways became the first
airline globally to be certified to the industry standard for the prevention of
illegal wildlife trafficking in aviation.
Qatar Airways currently flies
to over 170 destinations worldwide, connecting through its Doha hub, Hamad International
Airport, the 'World's Best Airport', as voted by Skytrax in 2021, 2022, and
2024. In 2024, Hamad International Airport also received the 'Best Airport in
the Middle East' accolade for 10 consecutive years, as well as 'World's Best
Airport Shopping' for the second year in a row.
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