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Boeing, Avolon Announce Commitment for 75 737 MAX 8s

LE BOURGET, France, June 20, 2017 /PRNewswire/ -- Boeing [NYSE:BA] and Avolon, the international aircraft leasing company, today announced the signing of a Memorandum of Understanding (MOU) for 75 737 MAX 8s at the 2017 Paris Air Show.

The commitment, valued at $8.4 billion at list prices, will bolster Avolon's single-aisle portfolio to meet growing customer demand in that market segment. The MOU also includes purchase rights for an additional 50 737 MAX 8s.

The agreement will be reflected on the Boeing orders and deliveries website once finalized.

"This order represents the single largest order that Avolon has placed with Boeing to date and underlines the scale of our ambition and the strength of our business," said Avolon CEO, Dómhnal Slattery. "Our strategy is to maintain an industry leading portfolio of young, modern and fuel efficient aircraft. We were pleased to deliver the world's first ever 737 MAX 8 this year and the...


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