Boeing Delivers 1st Next-Generation 737-800 to Russia's Rostec

Boeing [NYSE: BA] today delivered the first Next-Generation 737-800 to Aviation Capital Services LLC, a subsidiary of the State Corporation Russian Technologies (Rostec). Aviation Capital Services has leased the airplane to Russia's flag carrier, Aeroflot.

This delivery is the first of 50 Next-Generation 737s Aviation Capital Services has on order, including 737-800s and 737-900ERs.

"Russian air carriers are greatly in need of medium-range airplanes,” said Roman Pakhomov, CEO of Aviation Capital Services. “We are interested in progressive and innovative products to help us meet those needs. Boeing’s Next-Generation 737 has a reputation for its efficiency and reliability that makes it the world’s best-selling aircraft."

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"We appreciate the confidence that Rostec placed in the Next-Generation 737-800 and -900ER, which will deliver unsurpassed fuel efficiency in the single-aisle market as well as improved environmental performance," said Marty Bentrott, Vice President, Sales, Middle East, Russia & Central Asia, Boeing Commercial Airplanes. “The 737-800 and -900ER will play a key role in modernizing Aeroflot’s fleet and allow them to integrate into the regional and international commercial aviation system.”

Source: The Boeing Company (NYSE: BA)
Date: Sep 26, 2013