Monday, July 14, 2014
Monarch Airlines, Boeing Working Toward $3 Billion Order
[Aviation Today July 14, 2014] U.K.-based low cost carrier Monarch Airlines is finalizing terms on a $3 billion order for 30 Boeing 737 MAX 8 aircraft at the Farnborough International Airshow. Monarch is looking to "structure its future fleet around the 737 MAX," according to Boeing Commercial Airplanes CEO Ray Conner. The airline is using the order to begin its fleet transition to Boeing’s single-aisle aircraft.
Ground testing began in June for the Boeing 737 MAX engine, the LEAP-1B. Boeing is projecting the MAX will be 14 percent more fuel efficient than the existing Next-Generation 737 family. First delivery of the 737 MAX is scheduled for 2017.