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New 737 orders break 1,000; current version output rises

Keywords: Tags  Boeing, 737 MAX, General Electrid, Snecma, Safran, Aviation Capital Group, Frank Haflich

LOS ANGELES — An order for 60 of Boeing Co.’s new 737 MAX airliners has pushed the number of orders for the newest version of the company’s bestselling aircraft to more than 1,000.

Boeing said this week that an order from Aviation Capital Group (ACG), a Newport Beach, Calif.-based leasing company, for 50 MAX 8s and 10 MAX 9s is worth $6 billion at current list prices, although it didn’t disclose a negotiated price.

The order put the number of orders for the MAX to 1,029, Chicago-based Boeing said.

The MAX, whose design was finalized in November, is a more fuel-efficient, re-engined version of the 737, which is due to enter service in 2017 as the successor to the current 737 NG (next generation). The MAX will be powered by engines produced by CFM International, a joint venture of U.S. engine builder General Electric Co. and the Snecma division of France’s Safran SA.

Boeing’s chief rival in the single-aisle market is the re-engined Airbus A320neo, with 1,650 orders, which is set to begin service in 2015.

Boeing is currently building the 737 NG at a rate of 35 aircraft per month, which is due to rise to 38 per month in the second quarter of this year and 42 per month in 2014. Company officials suggested late last year that, with construction of a third production line at the plane’s final assembly plant in Renton, Wash., it could eventually boost the monthly rate above 42.

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