Boeing signs MoUs for newly launched 737 MAX 10

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Boeing 737 MAX 10

Boeing has launched the larger capacity 737 MAX 10 at the 2017 Paris Air Show and has been busy taking orders.

The new aircraft has improved range and fuel efficiency through improvements including a modified wing for low speed drag reduction, while the fuselage is 66 inches longer than the 737 MAX 9.

Boeing Commercial Airplanes president and chief executive officer, Kevin McAllister says: “Airlines wanted a larger, better option in the large single-aisle segment with the operating advantages of the 737 MAX family.”

“Adding the 737 MAX 10 gives our customers the most flexibility in the market, providing their fleets the range capability, fuel efficiency and unsurpassed reliability that the 737 MAX family is widely known for.”

Boeing has taken more than 240 orders and commitments from 10 customers, and has been signing deals with customers.

Boeing and BOC Aviation signed a memorandum of understanding (MoU) for 10 MAX 10s at the Paris Air Show, and GE Capital Aviation Services converted 20 current MAX orders to the larger MAX 10.

CDB Aviation Lease Finance signed an MoU for 10 737 MAX 10s as well as 42 737 MAX 8s and eight 787-9 Dreamliners in a deal worth $7.4 billion.

TUI Group, which has 70 unfilled orders for 737 MAXs, has converted 18 into MAX 10s, and the group will take delivery of its first 737 MAX in January 2018.

Tibet Financial Leasing has committed to 20 737 MAXs, including MAX 8s and MAX 10s, in a MoU valued at $2.5 billion.

Boeing Commercial Airplanes senior vice president – global sales and marketing, Ihssane Mounir says: “We are delighted to welcome Tibet Financial Leasing as a new Boeing customer and a launch customer of the newest 737 MAX family member. As leasing companies are playing an increasingly important role in the world’s aviation sector, we are proud to support Tibet Financial Leasing’s takeoff and future expansion.”

SpiceJet has signed a MoU for 40 737 MAXs, split between 20 new 737 MAX 10 orders and converting 20 737 MAX 8s from its existing order to MAX 10s.