Arajet Orders 20 Boeing 737-8-200 MAX Jets, Secures Options for up to 15 More
Arajet, a new Dominican Republic-based airline, has placed a firm order for 20 high-capacity Boeing 737-8-200 airplanes, with options for 15 more. Including current lease agreements, today’s order will expand the carrier’s all-MAX fleet to up to 40 airplanes.
On Monday (March 14, 2022), Boeing announced that Arajet, a new Santo Domingo, Dominican Republic-based airline, has placed a firm order for 20 Boeing 737-8-200s with options for up to 15 additional airplanes. When today’s order and options are combined with existing lease agreements, Arajet’s all-MAX fleet will expand to as many as 40 jets. The order was finalized in January and is currently attributed to an unidentified customer on Boeing’s Orders and Deliveries website. Today, the new Caribbean carrier hosted a launch event at their new Santo Domingo hub. With the Dominican Republic positioned between North and South America, Arajet’s 737-MAX’s range will allow the carrier to serve a large number of traditional and underserved markets in the U.S., Brazil, Colombia and beyond.
In Monday’s announcment, Arajet’s Founder and Chief Executive Officer, Victor Pacheco Mendez, said,
“The efficient Boeing 737 MAX, together with financial and operational support from our partners at Griffin and Bain Capital, gives us the solid foundation necessary to provide flights at affordable prices to travelers in the region. These partners believe in our vision and see the same bright future for this market and beyond. The entire team was elated to see our first aircraft arrive in Santo Domingo a few days ago, and we are eager to expand our fleet with more of these amazing jets in the months ahead.”
Also commenting on the new order, Boeing Commercial Airplanes’ Vice President of Sales – Latin America & Caribbean, Mike Wilson, said,
“The 737 MAX is the perfect fit for Arajet and it's an honor to welcome this exciting new operator to the Boeing family. Flying an exclusive 737 MAX fleet will enable Arajet to save on fuel, maintenance and operations costs, and pass those savings on to its customers.”
The Boeing 737-8-200 is the high capacity configuration in the 737-8 MAX Family of airplanes. The aircraft offers greater range and a 20 percent reduction in fuel consumption compared to previous generation models, as well as a 40 percent reduction in noise footprint and lower emissions. Arajet’s first Boeing 737-8 was delivered in March on lease from Griffin Global Asset Management. At today’s event in Santo Domingo, the aircraft was toured by Dominican President Luis Abinader, along with industry, government and tourism officials. Arajet will bring around 4,000 new jobs to the island nation, where tourism contributes 8.4 percent to the country’s GDP.
Boeing (NYSE:BA) is the world’s largest aerospace company and leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 160,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality and integrity