Aviation
Southwest Airlines Orders 100 Boeing 737 MAX Jets, Plus 155 Options
- Deal raises Southwest’s 737 MAX commitment to more than 600 jets between the 737-7 and larger 737-8
- Southwest aims to modernize future fleet with improved fuel efficiency, environmental performance and operational flexibility
- Order brings stability to Boeing’s largest commercial program and its suppliers
SEATTLE, March 29, 2021 — Boeing [NYSE:BA] and Southwest Airlines today announced the carrier will continue to build its business around the 737 MAX family with a new order for 100 airplanes and 155 options across two models. The deal comes after a multi-year fleet evaluation by Southwest and means that Boeing and its suppliers could build more than 600 new 737 MAX jets for the airline through 2031.
Southwest had been exploring options to modernize the largest component of its fleet: the 737-700 that serves the airline’s needs for a 140-150 seat airplane. With the new agreement, the airline reaffirmed the 737-7 as its preferred replacement and growth airplane. The jet will complement the 737-8, which serves Southwest’s needs for a 175-seat model. Both 737 MAX family members will reduce fuel use and carbon emissions by at least 14% compared to the airplanes they replace, helping to improve operating costs and environmental performance. Southwest said the solution allows it to maintain the operational efficiencies of an all-Boeing 737 fleet to support its low-cost, point-to-point route network.
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“Southwest Airlines has been operating the Boeing 737 series for nearly 50 years, and the aircraft has made significant contributions to our unparalleled success. Today’s commitment to the 737 MAX solidifies our continued appreciation for the aircraft and confirms our plans to offer the Boeing 737 series of aircraft to our Employees and Customers for years to come,” said Gary Kelly, Southwest’s chairman and CEO. “We are proud to continue our tradition of being the world’s largest operator of an all-Boeing fleet.”
faa-clears-boeing-737-max-fly-jetline-marvelinto February 2020
“In addition to supporting our efforts to operate sustainably and efficiently, the 737 MAX offers Employees and Customers travel comforts such as a quieter cabin, larger overhead bin spaces, seating with adjustable headrests, and more galley space for onboard service,” said Mike Van de Ven, Southwest’s chief operating officer.
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The new purchase agreement takes Southwest’s order book to 200 737-7s and 180 737-8s, more than 30 of which have already been delivered. Southwest will also have 270 options for either of the two models, taking the carrier’s direct-buy commitment to more than 600 airplanes. The airline also plans additional 737 MAX jets through third-party lessors.
SEATTLE, WA – JANUARY 29: Members of the ground crew check out a Boeing 737 MAX 8 airliner after it landed at Boeing Field to complete its first flight on January 29, 2016 in Seattle, Washington. The 737 MAX is the newest generation of Boeing’s most popular airliner featuring more fuel efficient engines and redesigned wings. (Photo by Stephen Brashear/Getty Images)
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As part of the agreement, Southwest will also expand its use of Boeing’s digital solutions to support its 737 MAX fleet, including Airplane Health Management, Maintenance Performance Toolbox and digital navigation charting tools. Boeing will also provide system software upgrades and new wireless communications-enabling equipment to support Southwest’s operations.
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Airlines
Lufthansa is interested in deepening its partnership with Air India to expand its cargo operations
Lufthansa is willing to expand its cargo collaboration with Air India in order to increase cargo volumes.
“We believe that a strong Air India is good for both India and global aviation.” “We are always looking for ways to strengthen our ties with Air India,” Lufthansa stated According to the report.
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In the midst of a robust revival in its cargo sector, the German airline is eager to work more closely with Air India. The ambitious growth plan for Air India includes the installation of wide-body aircraft, which will expand its cargo capacity by 300%.
“Lufthansa Cargo has seen a strong recovery in India, with cargo volumes recovering to surpass pre-pandemic levels in the first half of 2023,” the company said. Positive forecasts for the remainder of the year include continuous expansion, according to the airline. “India is one of the world’s air freight markets with the quickest rate of growth. As India’s economy continues to expand and its exports rise, there will likely be a rise in the demand for air cargo, it added.
LATAM Airlines has taken possession of the first A321neo it had leased from AerCap and placed an order for 13 more of the aircraft to boost regional expansion and expand its route network. This A321neo aircraft is the first in a committed backlog of 76 to be delivered. LATAM will receive 111 A320 Family aircraft in total.
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The recently arrived A321neo for LATAM has Airbus’ Airspace XL bins in the cabin and can accommodate 224 passengers. The larger bins enable 60% more carry-on baggage and 40% more storage space, allowing passengers and cabin crew to board flights more leisurely. 49% Sustainable Aviation Fuel (SAF) was used to propel the just-delivered A321neo to its destination.
The largest single-aisle A320 Family model sold by Airbus is the A321neo. The lowest seat-mile cost of any single-aisle aircraft on the market is provided by the A321neo, allowing operators to serve the entire market. Customers from all across the world have ordered more than 5,200 A321neos so far.
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The LATAM Airlines Group and its affiliates are the major airline group in Latin America, operating internationally throughout Europe, Oceania, the United States, and the Caribbean in addition to five local markets in the region: Brazil, Chile, Colombia, Ecuador, and Peru. LATAM is currently Latin America’s largest Airbus operator, flying 240 Airbus aircraft. LATAM received a brand-new Airbus A320neo in July of this year, marking the first delivery made with 30% SAF.
Airbus has sold over 1,150 aircraft in Latin America and the Caribbean. More than 750 are in operation throughout the region, with more than 520 in the order backlog, representing a market share of 58% of in-service passenger aircraft. Since 1994, Airbus has secured 75% of net orders in the region.
According to Vikram Rai, CEO of GE Aerospace South Asia, India’s civil aviation market, one of the fastest-growing in the world, has the potential to add 130-150 more wide-body aircraft to its fleet. In India, there are now about 700 commercial aircraft in service, although only about 50 of them are wide-body aircraft.
India, the third-largest aviation market in the world with about 1,500 aircraft on order from domestic airlines, is viewed as having “great potential” by GE Aerospace, a key manufacturer of aircraft engines.
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India is a focus market and a priority market for GE Aerospace” and added that in his opinion, domestic airlines would think about adding more wide-body aircraft to their fleet and using them on busy domestic routes.
The government is attempting to create international aviation hubs in India in order for domestic airlines to transport passengers directly to a variety of foreign locations as a result of the growing air passenger traffic.
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Currently, the majority of passengers flying out of India to distant locations do so on connecting flights run by foreign airlines.”We need to reach a stage where we can transport our passengers from end to finish. We are talking about the next stage of growth here, Rai added.
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