IAG Finalizes Agreement for up to 150 Boeing 737-8-200s and 737-10s
The International Consolidated Airlines Group (IAG) has firmed up an order for 25 Boeing 737-8-200s and 25 737-10s plus options for 100 additional airplanes. The agreement finalizes a commitment originally announced at the 2019 Paris Air Show.
On Thursday (May 19, 2022), Boeing announced that the International Consolidated Airlines Group (IAG), parent company of Aer Lingus, British Airways, Iberia, Level and Vueling, has finalized an agreement for up to 150 Boeing 737 MAX family aircraft. The agreement includes a firm order for 25 Boeing 737-8-200s and 25 737-10s, plus options for up to 100 additional airplanes. The 737-8-200 model is configured with up to 200 seats and will allow IAG’s carriers to increase revenue potential while reducing fuel consumption. The 737-10 is the largest member of the MAX Family and can seat up to 230 passengers in a single-class configuration. The 737-10 also offers a range of up to 3,300 nautical miles, enabling coverage of up to 99 percent of short-haul routes, including those served by Boeing 757s. Today’s announcment finalizes a commitment made by IAG for the 737 at the 2019 Paris Air Show.
In Thursday’s announcment, IAG’s Chief Executive Officer, Luis Gallego, said,
“The addition of new Boeing 737s is an important part of IAG´s short-haul fleet renewal. These latest generation aircraft are more fuel efficient than those they will replace and in line with our commitment to achieving net zero carbon emissions by 2050.”
Also commenting on the finalization of the 737 order, Boeing Commercial Airplanes’ President and CEO, Stan Deal, said,
“With the selection of the 737-8-200 and larger 737-10, IAG has invested in a sustainable and profitable future, as both variants will significantly lower operating costs and CO2 emissions. Today's agreement for up to 150 airplanes, including 100 options, is a welcome addition of the 737 to IAG´s short-haul fleets and reflects our commitment to support the Group's continued network recovery and future growth with Boeing's unrivalled family of airplanes.”
The Boeing 737 MAX Family of airplanes incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver a 14 percent reduction in fuel burn compared to today’s most efficient Next-Generation Boeing 737s, and a 20 percent improvement versus the original 737NG.
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.
Source(s): Boeing/PRNewswire, IAG