Boeing Wins 737 MAX Order

Boeing has scored a new sizeable order from a leading aircraft leasing company for its most popular jet, the 737 MAX.

The sizeable commitment includes 50 737 Max jets; specifically selected is the middle ground 737-8.

The development was revealed in a notification published on the Hong Kong Stock Exchange by CDB Aviation, a Chinese leasing company.

In the exchange filing, the lessor stated that it expects to take delivery of the aircraft from Boeing between 2028 and 2031. However, the end destination of these aircraft has yet to be publicly disclosed.

An order for 50 units is essential for Boeing, which is fighting strike action and other internal issues that significantly limit output.

Boeing hopes to stabilise its business in the future and thus move forward more efficiently. By stabilising, it can formally commit to on-time deliveries, something it has failed to do for a while.

In the case of CDB Aviation, a leading aircraft lessor in its region, this isn’t a first order with Boeing and likely won’t be the last as it continues to increase its backlog.

For several reasons, the lessor proves to be a worthy solution to airlines requiring capacity that cannot place orders directly from the source, Boeing.

However, as more airlines begin looking to the leasing market as a solution to address short-term needs and mitigate the lack of available delivery slots, these lessors face increasing pressures of their own.