Home- Events-IAG Gives Boeing Some Joy with LOI for 200 737 MAXs

IAG Gives Boeing Some Joy with LOI for 200 737 MAXs

A beleaguered Boeing that remains on the backfoot with the 737 MAX fiasco, saw some good cheer with the inking of a Letter of Intent (LOI) with International Airlines Group (IAG) for 200 B737 aircraft to join its fleet. The LOI is subject to formal agreement.
Willie Walsh, IAG chief executive, said, “We’re very pleased to sign this letter of intent with Boeing and are certain that these aircraft will be a great addition to IAG’s short haul fleet. “We have every confidence in Boeing and expect that the aircraft will make a successful return to service in the coming months having received approval from the regulators”.
The LOI is to be finalised at a later date, when a formal announcement of sale will be made.
The international aircraft lessor will take a mix of 737 MAX 8s and 737 MAX 10s and the aircraft are slated to be delivered between 2023 and 2027.
It is anticipated that the aircraft would be used by a number of the Group’s airlines including Vueling, LEVEL plus British Airways at London Gatwick airport.

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