GECAS Eyes Order for 100 Boeing 737s

Boeing has unveiled a commitment by GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s.

"GECAS is a leader in the airplane leasing and financing industry with a successful track record of placing 737 with airlines worldwide," said Boeing Commercial Airplanes President and CEO Ray Conner. "The GECAS leadership team understands the importance of having advanced, fuel-efficient airplanes to meet their customers' needs. This commitment confirms the value of the 737 MAX in today's competitive marketplace."

The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines.

"The 737 MAX is a perfect complement to our airplane portfolio," said Norman C.T. Liu, President and CEO of GECAS. "These new Next-Generation 737 and 737 MAX airplanes will continue our long-standing strategy of providing our customers the most fuel efficient, most capable airplanes with the lowest operating costs."

Boeing is now working with GECAS to finalize the details of the agreement before a firm order is made.

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