Boeing (NYSE: BA) announced today a commitment by Aeromexico to purchase up to 100 single- and twin-aisle airplanes – a combination of 737 MAXs and 787 Dreamliners – in an agreement that will fuel the airline's expansion.
The commitment by Mexico's largest airline includes a mix of 90 737 MAX 8s and 9s, as well as ten 787 Dreamliners. When finalized the order will be worth $10.8 billion at list prices.
"This order represents the largest investment program for a domestic airline in Mexican commercial aviation history and a major step forward in consolidating Grupo Aeromexico's international leadership position," said Grupo Aeromexico Chief Executive Officer Andres Conesa. "We are announcing our medium and long-term fleet plan supported by our partners, Boeing and General Electric that will allow us to maintain a flexible structure to grow according to market conditions."
"Aeromexico has earned its place as Mexico's leading airline with a commitment to performance. We are pleased to build on our 50-year partnership with Aeromexico and provide the most fuel-efficient fleet in Mexico," said Ray Conner, president and CEO of Boeing Commercial Airplanes. "The 737 MAX and the 787 Dreamliner provide unmatched passenger comfort and fuel efficiency allowing Aeromexico to expand their fleet, open new routes and serve new long-range markets – continuing their legacy of airline leadership."
Source: The Boeing Company (NYSE: BA)
Date: Jul 26, 2012