Boeing (BA) and Macquarie AirFinance announced the lessor has increased its commitment to the 737 MAX with an order for 30 737-8 jets. With this order, Macquarie AirFinance will expand its 737 MAX portfolio to 70, providing its airline customers with access to the latest generation aircraft. The 737’s large global customer base and low operating costs make it a cornerstone of most lessors’ portfolios, representing approximately 30% of all financed airplanes. “Macquarie AirFinance’s expanded commitment to the 737 MAX is a testament to the value of this airplane among the leasing community and our airline customers,” said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. “Lessors remain an important partner to Boeing and global carriers in providing financial solutions that expand single-aisle fleets.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- Who Is TipRanks’ All-Star Analyst on Boeing Stock (BA)?
- “…Surprised By How Fast You See (the F-47) Flying”: Boeing Stock (NYSE:BA) Gains With Military Aircraft News
- Boeing Stock (NYSE:BA) Ticks Up With X-37B Launch
- Boeing Enhances Financial Flexibility with New Credit Agreement
- Boeing’s Growth Potential and Financial Improvement: A Buy Rating by Seth Seifman