Boeing

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US0970231058

Aerospace & Defense

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Boeing: ACG finalizes order for thirty-five 737 MAX aircraft

July 15, 2024 at 10:58 am EDT

Boeing announces that Aviation Capital Group (ACG) has finalized an order for 35 737 MAX aircraft (sixteen 737-8s and nineteen 737-10s).

The order brings ACG's total number of 737 MAX orders to 82, supporting the company's growth strategy and its commitment to invest in more fuel-efficient aircraft.

The 737-8 and 737-10 models reduce fuel consumption and carbon emissions by 20% compared with the aircraft they replace, the aircraft manufacturer points out.

As a result, 'on average, each 737 MAX saves up to 4 million kilograms of CO2 per year, and reduces the noise footprint by 50%', concludes Boeing.

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Company Profile

The Boeing Company is the worldwide leader in aeronautical construction. Net sales (including intragroup) break down by market as follows: - commercial aviation (43.5%). In addition to commercial aircraft, the group supplies spare parts and offers technical support, maintenance and engineering services; - defense, space and security (32%): military aircraft and mobility systems (warplanes, helicopters, and air defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment (satellites, launch pads, etc.). The remaining sales (24.5%) are from services (logistics and supply management, engineering, maintenance, modification and training services, etc.), and commercial and private aircraft financing as well as aircraft equipment leasing activities. Net sales are distributed geographically as follows: the United States (58.4%), Europe (13.5%), Asia (12.9%), Middle East (8.5%), Oceania (2.1%), Canada (1.6%), Africa (1.1%) and other (1.9%).

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Aerospace & Defense

Calendar

2024-07-31 - Q2 2024 Earnings Release

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Dow Jones Industrial , S&P 500

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A-

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OUTPERFORM

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182.3 USD

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218.6 USD

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+19.93%

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Commercial Aircraft Manufacturing

Boeing

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BA

US0970231058

Aerospace & Defense

Boeing: ACG finalizes order for thirty-five 737 MAX aircraft

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