Kuwait’s ALAFCO orders 20 Boeing 737 Max 8s worth $2.2bn

Kuwait-based ALAFCO Aviation Lease and Finance Company has announced a commitment for 20 Boeing 737 Max 8s, valued at $2.2bn at current list prices, at the Paris Airshow.

The company said it already had unfilled orders for 20 737 Max aeroplanes with the new commitment boosting its order to 40.

“As a lessor, we are committed to provide our global customer base with technologically-advanced aircraft,” said Ahmad Alzabin, CEO and vice-chairman, of ALAFCO.

“Fuel efficiency, operational reliability and efficiency are key factors for our airline customers and the 737 Max will help us meet those demands in the single-aisle market.”

The 737 Max is the fastest selling aeroplane in Boeing history, with some 3,700 orders.

The US manufacturer announced plans on Monday to develop a super-long version of the single-aisle jet to take on Airbus.

The 737 Max 10 will be five-and-a-half feet longer than the 737 Max 9 and seat between 180 and 230 passengers compared to the latter’s 178.

Boeing said it had more than 240 Max 10 jets on order from more than 10 customers with the jet expected to be ready in 2020.