Luxair Selects Largest Boeing 737 MAX Model, Buying up to 4 737-10 Jets
Rhea-AI Summary
Boeing [NYSE: BA] and Luxair have announced a new order for two 737-10 airplanes with options for two more. This follows Luxair's purchase of 737-7 and 737-8 models last year. The 737-10, the largest in the MAX family, offers the best economics of any single-aisle jet. Luxair CEO Gilles Feith stated that this investment supports the airline's growth plans and fleet decarbonization efforts.
The 737 MAX family reduces fuel use and carbon emissions by 20% compared to previous models. Luxair plans to configure its 737-10s to carry up to 213 passengers with a minimum 30-inch seat pitch, covering routes up to 5,740 km. This order will provide Luxair with increased flexibility in its fleet operations, allowing it to match aircraft size to market demand efficiently.
Positive
- Boeing secured an order for two 737-10 airplanes with options for two more from Luxair
- The 737-10 offers the best economics of any single-aisle jet, potentially improving Luxair's operational efficiency
- 737 MAX family reduces fuel use and carbon emissions by 20% compared to previous models, enhancing environmental sustainability
- Luxair's 737-10 configuration allows for up to 213 passengers, increasing capacity on routes up to 5,740 km
- The order provides Luxair with increased fleet flexibility, potentially optimizing operations and profitability
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BA declined 0.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
FARNBOROUGH,
"The purchase of the 737-10 is another step towards Luxair positioning for its future with the investment in the latest airplane technology that will support Luxair's growth plans and the decarbonization of our fleet. There is high commonality between the 737 MAX models, and this allows for significant operational savings for the airline," said Gilles Feith, Luxair CEO.
"In addition to reducing overall fuel use and emissions, the 737 MAXs will help create a 50 percent smaller noise footprint by reducing noise generated by takeoffs and landings at Luxembourg Airport."
The 737 MAX family reduces fuel use and carbon emissions 20 percent compared to the airplane it replaces, providing operators greater efficiency along with fleet commonality. With the 737-10's size, operators can carry more passengers and realize the lowest cost per seat of any single-aisle airplane.
Luxair plans to operate its new 737-10s to offer passengers a minimum of 30-inch seat pitch. In this configuration, the airline can fly up to 213 passengers on routes stretching 5,740 km (3,100 nautical miles), resulting in more capacity and range to capitalize on growing leisure travel.
"With three members of the 737 MAX family in its fleet, Luxair will have the flexibility to use the right-size airplane according to the market demand," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "We appreciate Luxair for choosing the 737-10 to support its growth and improve the passenger experience, while realizing the benefits of operating an increasingly fuel-efficient fleet."
Luxair currently operates a regional fleet of 21 airplanes, including two leased 737-8s and eight Next-Generation 737s. Luxair has expanded its route network by
Founded in 1961, Luxair is a key player in the economy of the Grand Duchy of Luxembourg and the surrounding Greater Region. Passenger air transport is probably the most well-known activity of the general public. Luxair offers fast air service to most major cities, business centres and international hubs in
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top
Contact
Boeing Media Relations
media@boeing.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/luxair-selects-largest-boeing-737-max-model-buying-up-to-4-737-10-jets-302202614.html
SOURCE Boeing