Sun, Nov 20, 2011
Commitment Is For 35 737 MAX Airplanes, Firm Order For 20
Next-Generation 737-800s
Leasing company Aviation Capital Group (ACG) has signed a
commitment for 35 737 MAX airplanes and its firm order for 20
Next-Generation 737-800s. The Newport Beach, CA.-based ACG is the
first airplane leasing company to announce a commitment to the 737
MAX.
"ACG is a leader in the commercial airplane leasing industry and
its intelligent fleet decisions have contributed to the company's
22 consecutive years of profitability," said Ray Conner, senior
vice president of Sales and Customer Support for Boeing Commercial
Airplanes, announcing the deal Thursday. "The ACG leadership team
understands the importance of having advanced, highly competitive
airplanes to meet their customers' needs in today's marketplace.
This commitment will provide ACG with airplanes featuring
performance improvements and the innovative Boeing Sky Interior
that will keep its airplanes at the leading edge of passenger
comfort, efficient operations and reduced fuel consumption."
The new 737 MAX family will be powered by CFM International
LEAP-1B engines. Boeing claims the new-engine variant will have a 7
percent operating cost advantage over tomorrow's competition. They
further say airplane will have the capacity for increased range
while providing better fuel efficiency than today's
already-efficient Next-Generation 737.
"The 737 is one of the prime building blocks of our portfolio
strategy," said R. Stephen Hannahs, group managing director and
chief executive officer of ACG. "These new 737NG and 737 MAX
airplanes will continue our long-standing strategy of providing our
customers the most fuel efficient, most capable airplanes with the
lowest operating costs."
With Thursday's announcement, ACG has ordered or committed to a
total of 151 Boeing airplanes made up of 111 Next-Generation 737s,
35 737 MAXs and five 787 Dreamliners. This includes 15
Next-Generation 737s for which ACG acquired delivery positions from
another airline in 2006.
More News
From 2014 (YouTube Version): One Of The Airshow World's Pre-Eminent Formation Teams Chats About The State Of The Industry At EAA AirVenture 2014, ANN News Editor Tom Patton gets th>[...]
Tactical Air Navigation (TACAN) An ultra-high frequency electronic rho-theta air navigation aid which provides suitably equipped aircraft a continuous indication of bearing and dis>[...]
Aero Linx: Doobert Hi, we're Chris & Rachael Roy, founders and owners of Doobert. Chris is a technology guy in his “day” job and used his experience to create Doobe>[...]
The Airplane Was Spinning In A Nose-Down Attitude Before It Impacted Terrain On June 20, 2025, at 0900 eastern daylight time, a Pitts Aerobatics S-2B, N79AV, was destroyed when it >[...]
Also: United Elite Sues, Newark ATC Transitions, Discovery Moves?, Textron @ KOSH The Commemorative Air Force Airbase Arizona is taking its “Flying Legends of Victory Tour&rd>[...]
Classic Aero-TV: Up Close And Personal - The Aeroshell Aerobatic Team at Oshkosh
See All