Boeing and Icelandair announced today a firm order for 16 of Boeing’s newest 737 airliners, the 737 Max.”
At list prices, the order is worth $1.6 billion. The order was for four more 737s than Boeing and the airline announced last December before the two had signed formal paperwork. Along with the 16 aircraft, Icelandair has taken purchase rights for eight additional 737s.
The announcement today brings airline orders for the737 Max to 1,180. The aircraft is the successor Boeing’s current 737 offering, the 737 Next Generation.
The 737 Max will be built in Boeing’s Renton plant. First deliveries are scheduled for 2017.
The Max versions of the single-aisle workhorse aircraft will feature more fuel-efficient engines and aerodynamic improvements designed to increase the plane’s fuel efficiency by more than 10 percent.
Icelandair’s order consists of nine 737-8s and seven 737-9s. The 737 Max 8 will seat 162 passengers in a typical configuration. The 737 Max 9 will carry 180 passengers in a two-class arrangement.
“The 737 MAX will complement our Boeing 757 operations seamlessly and allow us to continue our route expansion in the most fuel-efficient manner,” said Bjorgolfur Johannsson, Icelandair Group president and CEO.
The Icelandair Group currently operates an all-Boeing fleet of 23 Boeing 757 airplanes for both its passenger and cargo operations.