It’s not often you see Boeing and Airbus executives sharing the same stage. But it’s fitting for what is indeed an historic day in aviation. For all of you who’ve been wondering which direction we’d take on the 737 program, the answer is now clear. We’re excited to be part of today’s huge order announcement from American Airlines—the largest ever— on a day we also laid our single-aisle product strategy on the table.
American has agreed on an order for up to 300 Boeing airplanes. The commitment includes 100 Next-Generation 737s with options for 40 more—- plus 100 737s with new engines and options for 60 more. Pending approval from our board of directors, the new variant of the 737 would feature CFM International’s LEAP-X engines that improve fuel efficiency by 10 to 12 percent. We’re in the process of finalizing the configuration and expect a formal launch this fall with first delivery sometime mid-decade.
Boeing and Airbus share the stage during the American Airlines news conference in Dallas.
Some of you may be wondering why we chose to go with a new engine instead of an all-new airplane. Jim Albaugh, CEO of Boeing Commercial Airplanes, said it best today. After talking with our customers, they wanted more efficiency now and certainty of delivery. We know we’ve made the right decision.
Today’s news proves just how aggressive American is being in its fleet renewal. In fact, the airline said no single manufacturer could pull it off alone. American’s current fleet of more than 600 Boeing airplanes includes 156 Next-Generation 737-800s delivered to date. The agreement builds on their existing backlog of 64 Boeing airplanes consisting of 51 737-800s, seven 777-200ERs and six 777-300ERs.
The 787 Dreamliner heads home after making an appearance at DFW today.
It was fitting that the first 787 Dreamliner was on hand in Dallas for today’s announcement. American has an existing purchase agreement with Boeing to buy 42 787-9 Dreamliners, with the right to purchase 58 more 787s. We look forward to playing a key role in their fleet replacement plan.
Our new engine 737 doesn’t even have a name yet. But we can’t wait to make it part of our future.
American’s future fleet includes the 737, 787 and 777.