Boeing has announced another new commitment to its 737 MAX series, with SMBC Aviation Capital ordering 25 737-8s.
With this order, SMBC Aviation Capital, an aircraft lessor, is looking to increase its portfolio with Boeing and subsequent backlog that now sees a tally of 81 737 MAX jets.
We are pleased to conclude this further order with our long-standing partner Boeing and we look forward to working closely with them in the future. This transaction demonstrates our commitment to provide our customers with the latest-technology, most fuel-efficient aircraft, as they seek to meet their own sustainability objectives and reduce operating costs.Peter Barrett, CEO of SMBC Aviation Capital
Thus far, in 2023, Boeing says that it has secured more than 400 commitments for its 737 MAX series. However, persistent niggles with the program have seen grey clouds hover above it.
Customers of SMBC Aviation Capital have expressed strong desires for the 737 MAX, and the order announced today is a direct response to that desire. Additionally, as SMBC fights to position itself as a leader in the market and anticipate future growth, this deal will only aid that further.
Stan Deal, the president and CEO of Boeing Commerical Airplanes, noted that the 737-8s versatility means that customers continue to come back and paired with unrivalled fuel efficiency, making for an excellent choice in the leasing community.