Boeing, Travel Service Finalize Order for Five Additional 737 MAXs

Czech airline to receive 30 direct purchased and leased 737 MAX airplanes starting in 2018

PRAGUE, Jan. 4, 2017 – Boeing (NYSE: BA) and Travel Service, the Czech airline company that operates scheduled flights under the SmartWings brand, has finalized an order for five 737 8 MAX airplanes, valued at $550 million at current list prices.

Travel Service previously placed an order for three 737 MAXs at the Paris Air Show in 2013 and currently operates a mixed fleet that includes 32 737s.

"We are pleased to add more 737 MAXs to our original order and we look forward to receiving the first one to become the first airline to operate the 737 MAX in this region," said Roman Vik, Chief Executive Officer, Travel Service.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The 737 MAX will be 14 percent more fuel-efficient than today's most efficient Next-Generation 737s – and 20 percent better than the original Next-Generation 737s when they first entered service.

"We are delighted that Travel Service continues to place its faith in our products with this new, increased order for the 737 MAX,” said Monty Oliver, Vice President, European Sales, Boeing Commercial Airplanes. "This airplane will be a great addition to its fleet providing the airline with unmatched fuel efficiency and its passengers with superior comfort.”

Travel Service is the largest Czech airline company, operating regular flights under the SmartWings brand, charter flights and private flights in the Business Jet category. Travel Service planes are flying to more than 300 airports on 4 continents. Travel Service is present on market not only in the Czech Republic but also in Slovakia, Poland and Hungary, where the company has its subsidiary companies.