Tuesday 14 October 2014

Boeing to sell 50 aircrafts to Garuda

Boeing said Indonesian flag carrier Garuda has placed an order for 50 planes worth almost $5 billion. Garuda ordered 46 of Boeing's new 737 MAX 8 jets and is converting existing orders for four 737-800s to 737 MAX 8s.

The purchase is worth $4.9 billion at current list prices, although airlines typically receive large discounts for big orders.

The 737 MAX families of aircraft are single-aisle jets that carry around 200 passengers. Boeing says they are the most fuel-efficient 737s to date, a key selling point as airlines struggle with high fuel prices.

Garuda currently operates 77 Boeing 737s, Boeing said in a statement announcing the purchases. It did not say when Garuda would start to take delivery.


The aviation sector in Indonesia, the world's fourth most populous country with 250 million people, has grown rapidly in recent years as an economic boom creates a new class of consumers. 

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