Boeing announced that it has received an order of 14 additional 737-8 jets from SMBC Aviation Capital. The new purchase builds SMBC Aviation Capital’s 737 MAX portfolio to 121 jets, expanding their investment in Boeing’s single-aisle family.
- The new order comes as airlines prepare for a robust return to air travel and modernize their narrow body fleets to reduce fuel use and carbon emissions.
- The total number of gross orders and commitments for the 737 MAX this year now exceeds 250 airplanes.
The major deals and partnership by Boeing are featured below:
May 2021: To modernise the fleet, the Lufthansa Group announced to purchase five 787-9 Dreamliners from Boeing. The new order helps to reduce complexity in its long-haul fleet and improve overall environmental performance.
April 2020: The global aerospace company Boeing has received a $1.5 billion production contract for the next 18 P-8A Poseidon aircraft from The U.S. Navy. The contract includes eight aircraft for the U.S. Navy, six aircraft for the Republic of Korea Navy and four aircraft for the Royal New Zealand Air Force. The P-8 Poseidon is a long-range multi-mission maritime patrol aircraft capable of broad-area, maritime and littoral operations.
As per contract The Korea Navy and Royal New Zealand Air Force will acquire the aircraft through the Foreign Military Sales process and will receive the same P-8A Poseidon variant designed and produced for the U.S. Navy. The Korean Navy is expected to receive aircraft in 2023 and The Royal New Zealand Air Force will receive aircraft in 2022. The P-8 is militarized with a bomb bay and pylons for weapons.
February 2020: The worlds leading commercial airplanes manufacturer Boeing forecasted that the airlines industry in Southeast Asia will need 4,500 new airplanes over the next 20 years, valued at approximately $710 billion at list prices. The airline passengers growth helps to stimulate the demand for commercial aviation services, which are forecasted to be worth around $785 billion between 2019 and 2038. The single-aisle airplanes continue to be the main driver of capacity growth in Southeast Asian market.
November 2019: Boeing announced a purchase agreement with Emirates to finalize a 30 787-9 Dreamliner airplanes, which valued at around $8.8 billion. The deal would help to meet the requirements of one of the world’s leading airlines. Emirates would add medium-sized widebody airplanes to complement the airline’s larger 777 aircraft.
November 2019: Boeing signed a letter of intent for the 30 airplanes with Air Astana with a list price value of $3.6 billion. Air Astana would buy 30 Boeing 737 MAX 8 airplanes to serve as the backbone of its new low-cost airline FlyArystan, the Kazakh flag carrier.
October 2019: Boeing signed a MoU with Porsche to explore the premium urban air mobility market and the extension of urban traffic into airspace. Both companies will leverage their unique market strengths and insights to study the future of premium personal urban air mobility vehicles.
Boeing, an American global corporation, is the world’s largest aerospace company. Boeing manufactures commercial jetliners, defence, space and security systems, and service provider of aftermarket support. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defence systems, launch systems, advanced information and communication systems, and performance-based logistics and training.
Boeing has a vast network of commercial and government customers in more than 150 countries. The company employs approximately 160,000 people across the globe. The company continues to invest in technology and innovation to deliver a future growth to customers.