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Boeing announces $6 billion order for 737 Max jets

Post by John Gillie / The News Tribune on Oct. 1, 2012 at 4:10 pm with No Comments »
October 1, 2012 4:10 pm

Boeing and Brazil’s GOL Linhas Aereas Inteligentes announced today GOL’s purchase of 60 737 MAX airplanes worth some $6 billion at list prices.

GOL plans to use the new efficient 737 MAX to increase operational efficiency and reduce costs, the airline said. The 737 is the world’s best-selling jetliner. The twin-engine aircraft has a single aisle and transcontinental range.

The order is the largest order in GOL’s 12-year history and the largest airplane order from a single airline in South America’s aviation history.

“The decision to order Boeing 737 MAX is in line with our commitment to maintaining a modern and safe fleet that will allow us to sustain our competitive advantage in the long term,” said Paulo Kakinoff, CEO of GOL. “The new airplanes will have one of the best cost-benefit ratios in the market due to its unique operational economy, so it is fully compatible with our low-cost model.”

Equipped with new LEAP-1B engines from CFM International and improvements such as the advanced technology split winglet, the 737 MAX reduces fuel burn and carbon dioxide emissions by 13 percent and maintains the 8 percent operating cost advantage over future competition, Boeing claimed.

The new order puts the 737 MAX at 724 firm orders to date. Boeing plans to build the 737 Max at its Renton plant.

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