ALAFCO firms up 20 737 MAX 8s

ALAFCO firms up 20 737 MAX 8s

ALAFCO has doubled its 737 MAX 8 commitments with Boeing to 40 aircraft, after finalising a further order for 20 aircraft.

The 20 new aircraft were originally announced as a commitment during the 2017 Paris Air Show, but finalised in time for the Dubai Air Show.

“Our customers rely on fuel-efficiency, reliability and low operating costs to be successful and the 737 MAX aircraft will meet the needs of our customers, and support ALAFCO’s future growth,” said Adel A Albanwan, deputy chief executive officer of ALAFCO. “We have had success with the 737 family in the past and are confident the 737 MAX will continue to help grow our business.”

Boeing says that the deal is valued at $2.2 billion using current list prices.

“We are pleased to grow our partnership with ALAFCO and support their fleet expansion,” said Kevin McAllister, president and CEO of Boeing. “The 737 MAX 8’s ability to fly further than the competition while using less fuel is one of many reasons why customers like ALAFCO have helped make the 737 MAX the fastest-selling airplane in Boeing history.”

Alud Davies
By Alud Davies November 16, 2017 14:30