Boeing Lands $10.7B AerCap Order for 100 Boeing 737 MAX-8 Jets at 2015 Paris Air Show
At the 51st Paris Air Show, AerCap has announced an order for 100 737 MAX 8s from Boeing. This order, valued at $10.7 billion at current list prices, is AerCap’s first 737 MAX order. The order complements AerCap’s existing order book in the single-aisle category of aircraft and will be in line with their target market along with their plan for leasing the most popular and technologically advanced equipment. The 737 MAX 8 will provide the company’s customers with a unique advantage in the heart of the single-aisle market. The 737 MAX with AT Winglets incorporates the latest CFM International LEAP-1B engines and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14 percent more fuel-efficient than today's most efficient Next-Generation 737s – and 20 percent better than the original Next-Generation 737s when they first entered service.
AerCap is the world’s largest aircraft leasing company since its acquisition of International Lease Finance Corp in 2014. Headquartered in the Netherlands, the global leader in aircraft leasing has 1,800 aircraft that are owned, managed, or under contract to purchase. AerCap provides its services to 200 customers in more than 90 countries along with wide-ranging fleet solutions and provides part-out and engine leasing services through its subsidiary, AeroTurbine. The company has 345 employees and has met over $1 billion in yearly revenue.
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites. As one of the top 100 US Federal contractors, Boeing has amounted several billion dollars in government contracts providing aircraft and services to the United States defense system. Approximately 45% of the company’s income comes from Boeing’s Defense, Space and Security division alone with the company meeting over $86 billion in yearly revenue and $92.6 billion in total assets.
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