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Monday, July 14, 2014

Monarch Airlines, Boeing Working Toward $3 Billion Order

Woodrow Bellamy III

[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.  

"Having reviewed all of the options in the marketplace, we concluded that the Boeing 737 MAX 8 is the aircraft that best fits our future route network strategy, enabling us to tightly control our unit costs whilst offering a superior service to our customers," said Andrew Swaffield, managing director, Monarch Airlines.

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.  

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