Aviation

Boeing, Air Astana Announce Intent To Buy 30 737 MAX Airplanes

Boeing, Air Astana Announce Intent To Buy 30 737

MAX Airplanes

Flag carrier of Kazakhstan intends to order the 737 MAX for its new low-cost airline FlyArystan

DUBAI, United Arab Emirates, Nov. 19, 2019/PRNewswire/ — Air Astana intends to order 30 Boeing 737 MAX 8 airplanes to serve as the backbone of its new low-cost airline FlyArystan, the Kazakh flag carrier and Boeing announced at the Dubai Airshow. The companies today signed a letter of intent for the 30 airplanes with a list price value of $3.6 billion.

Since beginning operations in May 2002, Air Astana has steadily grown its business from its hubs in Almaty and Nur-Sultan (formerly Astana), sprouting a network that serves major cities across Kazakhstan, Central Asia, Asia, China, Europe and Russia. It operates a growing fleet that includes the Boeing 757, 767 and the Airbus A320 family.

In May, Air Astana launched FlyArystan to better compete in the growing low-cost segment. The company says the new airline has seen strong ticket sales in just the first few months of operation. The plan is to expand the fast growing domestic network, with international services to Moscow commencing next month.

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“Since its launch in May this year, FlyArystan has exceeded all expectations and it is clear that low cost air travel has a great future in Kazakhstan and Central Asia,” said Peter Foster, President and CEO of Air Astana. “Air Astana has had a strong relationship with Boeing ever since the airline started flying in 2002 with a pair of 737NGs. Today we operate both 757s and 767s and we believe that the MAX will provide a solid platform for the growth of FlyArystan throughout our region, once the aircraft has successfully returned to service”.

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“Air Astana has become one of the leading airlines in Central Asia with its deep focus on safety, reliability, efficiency and customer service. At Boeing, we share those same values and are honored to expand our partnership with the 737 MAX,” said Stan Deal, president and chief executive officer of Boeing Commercial Airplanes. “We believe the efficiency and reliability built into the 737 MAX will be a great fit for FlyArystan. We look forward to working with Peter and his team finalize an agreement that meets their fleet and operational requirements.”

The Boeing 777X will make its debut at the Dubai Airshow 2021.

The 737 MAX 8 is part of a family of airplanes that offer 130 to 230 seats and the ability to fly up to 3,850 nautical miles (7,130 kilometers). With improvements such as the CFM International LEAP-1B engine and Advanced Technology winglets, the 737 MAX provides operators a 14% improvement over today’s most efficient single-aisle airplanes and extended range to open up new destinations.

Related Topics:Air Astana b737 Max Boeing

Aviation

Boeing Faces New Setbacks as 777X Delays Extend and scraps B767-300F

Boeing’s challenges continue as employees halted production due to a strike, creating new obstacles for delivering aircraft to customers. The company now faces financial losses from delays in the delivery of its boeing 777x aircraft.

Boeing recently announced that the new delivery date for the 777-9 will be in 2026, with the freighter variant scheduled for 2028. This news has been frustrating for airlines that have committed to and are waiting for the aircraft.

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The Boeing 777X program, which began in early 2019, was initially delayed to 2021 due to COVID-19 disruptions. Subsequent issues, including defects found during testing, have placed the program under scrutiny by the FAA, which insists on the aircraft meeting all safety standards before entering service. Boeing is now facing pressure from both airlines and investors.

Boeing 777x Delay

New Commercial Airplanes expects to incur pre-tax charges of $3.0 billion related to the Boeing 777X and 767 programs.

The company forecasts a $2.6 billion pre-tax charge due to the updated timeline, which accounts for delays in flight testing for the 777-9 and the impact of the IAM (International Association of Machinists) work stoppage. The first 777-9 delivery is now expected in 2026, with the 777-8 freighter following in 2028.

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In addition, Boeing plans to conclude production of the 767 freighter, resulting in a $0.4 billion pre-tax charge. From 2027 onwards, the company will solely produce the 767-2C aircraft for the KC-46A Tanker program.

In August 2024, Boeing grounded its 777X test fleet after detecting a failure in a key engine mounting structure during a routine inspection. The new boeing 777x, powered by the GE9X engine, is the world’s largest and most efficient twin-engine jet, but this issue has caused further setbacks.

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Meanwhile, the Airbus A350 continues to secure new orders from airlines, becoming a strong competitor in the wide-body aircraft segment. While the a350 vs b777 offer similar ranges, the 777X is designed to carry a heavier payload.

In other developments, Boeing has hinted at starting production of a new mid-sized aircraft, the Boeing 797, which would likely compete with the Airbus A321 XLR.