Thursday, November 17, 2011

Aviation Capital Group (ACG) commits to 35 Boeing 737 Max jets

Aviation Capital Group (ACG) announced Thursday an intent to order 35 Boeing 737 Max aircraft, and a firm order for 20 737-800NextGens.

Newport Beach, Calif.-based ACG is the first leasing company to commit to the 737 Max. The CFM International Leap-1B is the exclusive engine on the Max.

A Boeing spokesman said the Max order was not yet firm because the lessor still had to work out specific configurations.

ACG Group MD and CEO R. Stephen Hannahs called the 737 “one of the prime building blocks of our portfolio strategy,” and said the new 737NG and 737 Max aircraft will “continue our long-standing strategy of providing our customers the most fuel efficient, most capable airplanes with the lowest operating costs."

With today'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 737NGs for which ACG acquired delivery positions from another airline in 2006.

(Linda Blachly - ATWOnline News)

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