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Aeromexico to Add 24 Boeing 737 MAX and 4 787-9 Dreamliners in Restructured Agreements

Aeromexico has restructured their agreements with Boeing and certain lessors as they continue the optimization of their fleet. Under the amended agreements, the carrier will add 24 new 737 MAX and four Boeing 787-9 Dreamliners.

Aeromexico Boeing 787-9 Dreamliner - Courtesy Boeing

On Friday (April 23, 2021), Aeromexico announced that they have reached agreements with Boeing and certain lessors on monumental aircraft fleet transactions. The carrier will add 24 new Boeing 737-8 and 737-9 MAX aircraft as well as four Boeing 787-9 Dreamliners. In addition to Boeing and select aircraft lessors, other suppliers and entities participated in the restructuring, facilitating Aeromexico’s fleet optimization strategy. Nine of the new aircraft will be delivered in time for the summer 2021 season, with the rest arriving in the second half of the year and during 2022.

The restructured agreements will allow Aeromexico to modify long-term maintenance contracts and reduce the leasing costs of 18 other aircraft currently in their fleet. The company estimates that the comprehensive agreements will result in savings of approximately $2.0 billion. With the expected savings, Aeromexico will offer more competitive fares as they continue to offer the best travel experience for guests onboard state-of-the-art aircraft. The comprehensive agreements remain subject to approval of the United States Court for the Southern District of New York, which is overseeing Aeromexico’s Chapter 11 voluntary restructuring.

In Friday’s announcement, Aeromexico’s CEO, Andres Conesa, said,

“These transactions show the confidence of our employees, customers, lessors, manufacturers, investors, and business partners in the future of Mexico's global airline. It will also give us flexibility to complete other negotiations and put Aeromexico on a strong path to exit Chapter 11 later this year.”

The Boeing 737 MAX Family of aircraft are highly efficient and environmentally-friendly, delivering a reduction of up to 14 percent in fuel burn, reduced emissions and a noise footprint that is up to 40 percent smaller than previous generation aircraft. The modern, comfortable and efficient Boeing 787-9 Dreamliner delivers a fuel burn reduction of up to 23 percent versus the previous generation widebody aircraft it replaces, while offering the associated reduction in CO2 emissions.

Grupo Aeromexico S.A.B. de C.V. (Aeromexico) is Mexico’s global airline and maintains their primary hub at Mexico City International Airport’s Terminal 2. The Group’s fleet is comprised of 107 Boeing 787 Dreamliners, 737s and Embraer E190s. Aeromexico is a founding member of the global SkyTeam alliance which includes 19 members serving destinations in over 170 countries and territories. The airline has created the Health Sanitization Management System (HSMS) which is designed to protect the health and wellbeing of guests and team members throughout the journey.

Source: Aeromexico

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