Brazil’s GOL buys 40 Boeing 737s

Boeing and
Brazil’s GOL Linhas Aereas, the parent
company of GOL Transportes Aereos and VRG
Linhas Aereas, have announced the airline has ordered an additional
40 Next-Generation 737 passenger airplanes. The airplanes will be included
in Boeing’s 2007 order total.

  The order also brings to 127 the number of Next-Generation airplanes
GOL has ordered since beginning operations in Brazil in January of 2001.
GOL has also confirmed the purchase rights for an additional 40 737s, for a
total of 167 737s in the company’s projected fleet.

  “GOL has garnered international attention by consistently posting
profits since beginning operations, and the 737 has been a large part of
that success,” said John Wojick, Boeing’s vice president of Sales for Latin
America and the Caribbean. “The Next-Generation 737 enables GOL to continue
providing passengers reliable, on-time performance while benefiting from
the airplane’s reliability and fast airport turnaround times.”

  “This new contract will help to further reduce our costs and allow us
to continue to modernize our fleet with owned aircraft while offering our
passengers the lowest fares in the market,” said Fernando Rockert de
Magalhaes, GOL’s technical vice president.

  The Next-Generation 737 series is the most technologically advanced
airplane family in the single-aisle market. The Next-Generation 737’s
market success is confirmed by air finance investors, who consistently rank
it as the most preferred airplane due to its wide market base, superior
efficiency and lowest operating costs in its class.

ADVERTISEMENT

  To date, 110 customers have placed orders for more than 4,400 Next-
Generation 737s. Unfilled orders for the Next-Generation 737 exceed 1,900
airplanes, worth over $140 billion at list prices.
——-