Economics
Boeing Wins $8.5 Billion SMBC Aviation Order for 80 737s
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Boeing Co. won an $8.5 billion order from Japanese lessor SMBC Aviation Capital Ltd. as Asian aircraft-leasing companies bet on demand for new planes to serve the region’s travel growth.
The order is for 80 737 Max 8 models for delivery between 2018 and 2022, the lessor said in a statement in Tokyo today. The contract value is based on list prices and purchasers usually get a discount. The deal is the largest single order of 737 Maxs by a lessor, according to the statement.