Boeing, Air Canada Finalize Order for 61 737 MAXs $6.5 billion order represents shift to Boeing fleet

SEATTLE, April 1, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and Air Canada have finalized an order for 61 737 MAX airplanes to lead the airline's single-aisle fleet renewal plan. The order, valued at $6.5 billion at list prices, consists of 33 737 MAX 8s and 28 737 MAX 9s, as well as 18 options and 30 rights to purchase additional 737 MAXs.

The 737 MAX improves fuel efficiency and reduces carbon emissions by 14 percent, while reducing the operational noise footprint by 40 percent, compared to today's aircraft.

The 737 MAX incorporates the latest technology LEAP-1B engines from CFM International with other advancements including Advanced Technology winglets, large flight deck displays and the Boeing Sky Interior to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
The 737 MAX has accumulated more than 1,900 orders to date from 37 customers worldwide.
Development of the 737 MAX is on schedule with firm configuration of the airplane completed in July 2013. First flight is scheduled in 2016 with deliveries to customers beginning in third quarter of 2017