Macquarie AirFinance 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 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,” Eamonn Bane, CEO of Macquarie AirFinance, said. “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.”
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,” Stephanie Pope, president and CEO of Boeing Commercial Airplanes, said. “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.
