General Electric to buy 100 commercial aircraft from Boeing

General Electric to buy 100 commercial aircraft from Boeing

Boeing and GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric, have finalised a firm order for 85 737s, which includes 75 737 MAX 8s and ten Next-Generation 737-800s.

The order, first announced as a commitment at the Farnborough Airshow in July, allows for up to 15 additional 737-800s.

The order, worth $6 billion at list prices, further illustrates both the strength of the 737 MAX and the continuing strong demand for the Next-Generation 737 in the airplane-leasing industry.

To date, 821 737 MAX airplanes have been ordered.

“The 737 MAX will be a perfect complement to our broad portfolio of modern, fuel efficient aircraft that offer our airline customers the lowest operating costs,” said GECAS president CT Liu.

The 737 MAX is a new-engine variant of the world’s best-selling airplane and builds on the strengths of today’s Next-Generation 737.