Boeing, GECAS Announce Commitment for 100 737s

Published July 10, 2012
Categories: Aircraft Deals, GE Capital

Boeing announced at the Farnborough International Airshow a commitment by GE Capital Aviation Services (GECAS) to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s. Boeing said the commitment builds on the momentum for the 737 MAX.

“The 737 MAX is a perfect complement to our airplane portfolio,” said Norman C.T. Liu, president and CEO of GECAS. “These new Next-Generation 737 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.”

“GECAS is a leader in the airplane leasing and financing industry with a successful track record of placing 737 with airlines worldwide,” said Boeing Commercial Airplanes president and CEO Ray Conner. “The GECAS leadership team understands the importance of having advanced, fuel-efficient airplanes to meet their customers’ needs. This commitment confirms the value of the 737 MAX in today’s competitive marketplace.”

To date, the 737 MAX has orders and commitments for more than 1,000 airplanes and the Next-Generation 737 family has won orders for more than 6,600 airplanes.