Boeing (BA) announced at the Farnborough International Airshow a commitment by GE Capital Aviation Services, or GECAS, the commercial aircraft leasing and financing arm of General Electric Co. (GE), to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s. The commitment builds on the momentum for the 737 MAX.
Boeing looks forward to working with GECAS to finalize the details of the agreement, at which time the airplanes will be posted to the Boeing Orders & Deliveries website as a firm order.
Airlines operating the 737 MAX will see a 13 percent fuel burn improvement over today's most fuel efficient single-aisle airplanes and an eight percent operating cost per seat advantage over tomorrow's competition.
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