Stay informed with our
free newsletters

Aircraft Lessor Griffin Global Asset Management Orders Five Boeing 737-8 Jets

  • The Los Angeles- and Dublin-based aircraft leasing company places its first direct order with Boeing
  • With the Griffin order, customers have placed 529 gross orders for the 737 MAX family in 2021

Boeing [NYSE:BA] and Griffin Global Asset Management today announced the aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery.

“As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways. An important component of this strategy is providing balanced capacity that meets returning passenger demand. The 737-8 is well-positioned to support this objective, and this order lays a strong foundation for more to come with Boeing and Griffin on future opportunities,” said Ryan McKenna, founder and CEO of Griffin.

Designed and built in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14% compared to the airplanes they replace. The 737-8 seats up to 189 passengers and can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Every 737 MAX features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

Zero Emission Aircraft Market Report 2021-2031

Zero Emission Aircraft Market Report 2021-2031

Forecasts by Fuel Type (SAF (Biofuels), Electrification, Hydrogen, Solar, Other), by Technology (Electric Motor Technology, Fuel Cell Technology, Hydrogen Fuel Storage, Power Management and Distribution Technology, Other), by Passenger Capacity (up to 100, 100-200, 200-500, Above 500), by Travel Range (up to 100 Miles, 100-200 Miles, 200-300 Miles, Above 300 Miles) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Zero Emission Aircraft Companies AND COVID-19 Recovery Scenarios

Download free sample pages

"Griffin Global Asset Management is building a first-class aircraft leasing business, and we are delighted that they have selected the 737-8 for their single-aisle portfolio. As Griffin places its first direct order with Boeing, we welcome them to the 737 family and look forward to working with the team in the future," said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

Source: Boeing
Date: Sep 2, 2021


Share this news: