"This firm order for additional 737 MAX aircraft enhances the strategic value of ACG's order book, supports a key pillar of our growth strategy and reinforces our commitment to invest in modern and fuel-efficient aircraft technology," said Thomas Baker, Chief Executive Officer and President at ACG. "We look forward to supporting our airline customers throughout the world with these highly versatile and fuel-efficient aircraft."
The 737 MAX 8 can carry up to 210 passengers based on the tightest configuration, while the 737 MAX 10, the largest 737 MAX model is said to accommodate 230 passengers with a range of 3,100 nautical miles.
"Today's repeat order demonstrates market demand for the 737 MAX family of aeroplanes as ACG's customers seek to operate flexible, fuel-efficient fleets," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "ACG has been a longstanding, valued partner on the 737 MAX program, and we look forward to working together to deliver the latest aeroplane technology to its airline customers."
Aviation Capital Group is one of the world's premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.