Southwest Claims Boeing 737 Max Crown with $4.7 Billion Deal
- Carrier wants 40 more of the larger, fuel-efficient planes
- Planemaker mulls boosting output of the single-aisle aircraft
Southwest Airlines Co. Boeing Co. 737 aircraft sit on the tarmac at John Wayne Airport (SNA) in Santa Ana, California, U.S., on Thursday, April 14, 2016.
Photographer: Patrick T. Fallon/Bloomberg
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Southwest Airlines Co. is set to become the largest customer of Boeing Co.’s 737 Max with a new deal for 40 of the single-aisle aircraft, worth $4.68 billion before the customary discounts.
The Dallas-based budget carrier plans to take 10 additional deliveries a year of the newest 737 Max 8 model from 2019 through 2022, Southwest said in its earnings release Thursday. It’s also accelerating shipments of five Max 8s, originally due to arrive next year, to the fourth quarter.