Boeing Secures Orders At Paris Air Show

“Today’s announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program. We are confident in the long-term demand from our customers for the 737 MAX, and this order extends our delivery pipeline out to 2030,” said Andy Cronin, CEO, Avolon. “The transitioning of the global fleet to more fuel-efficient new-technology aircraft is a priority for our industry, and we are looking to play a leading role by supporting airlines in achieving their sustainability objectives.”

“This order demonstrates the popularity of the 737-8 among the leasing community and the demand they are seeing from their customers for this airplane model,” said Stan Deal, president and CEO, Boeing Commercial Airplanes. “Avolon has a long-standing relationship with the 737 MAX program and took delivery of the 1,000^th 737 MAX last year. We look forward to building on this strong relationship with a key leasing partner as they grow their Boeing portfolio of airplanes.”

Air Algérie ordered eight 737-9 jets and also signed a Memorandum of Understanding (MoU) for two 737-800 Boeing Converted Freighters (BCF) to meet increasing cargo demand in the region.

“This order will contribute to the development of the Air Algérie fleet,” said Yacine Benslimane, general manager of Air Algérie. “This acquisition is part of Air Algérie’s fleet extension strategy through the purchase of new aircraft.”

Air Algérie operates a single-aisle fleet of more than 30 737-500, 737-600 and 737-800 jets. Adding the 737-9 allows the airline to carry more passengers, increasing profitability within its network. With added capacity and increased profitability, the 737-9 is designed to serve 193 passengers in a two-class configuration with a range of 3,300 nautical miles.