BR100 Increased By (0.79%)
BR30 Increased By (0.6%)
KSE100 Increased By (0.76%)
KSE30 Increased By (0.78%)
AGHA 7.82 Increased By ▲ 0.07 (0.9%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.98 Decreased By ▼ -0.68 (-1.16%)
BOP 34.36 Increased By ▲ 0.67 (1.99%)
CNERGY 10.88 Increased By ▲ 0.27 (2.54%)
CSIL 5.47 Increased By ▲ 0.17 (3.21%)
FCCL 54.63 Increased By ▲ 0.89 (1.66%)
FFL 16.71 Increased By ▲ 0.25 (1.52%)
FNEL 1.25 Increased By ▲ 0.03 (2.46%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.83 Increased By ▲ 0.19 (3.37%)
LOTCHEM 29.85 Increased By ▲ 0.20 (0.67%)
MLCF 96.50 Increased By ▲ 0.14 (0.15%)
NBP 206.00 Increased By ▲ 2.47 (1.21%)
NCPL 58.20 Increased By ▲ 1.35 (2.37%)
NPL 70.00 Increased By ▲ 2.69 (4%)
OGDC 319.96 Increased By ▲ 1.74 (0.55%)
PACE 10.96 Increased By ▲ 0.33 (3.1%)
PAEL 43.20 Increased By ▲ 1.43 (3.42%)
PIBTL 17.09 Increased By ▲ 0.28 (1.67%)
PPL 222.58 Increased By ▲ 2.41 (1.09%)
PRL 52.16 Increased By ▲ 3.11 (6.34%)
PTC 71.50 Increased By ▲ 1.49 (2.13%)
SSGC 29.35 Increased By ▲ 0.21 (0.72%)
TBL 9.95 Increased By ▲ 0.18 (1.84%)
TELE 8.95 Increased By ▲ 0.13 (1.47%)
TPL 17.81 Increased By ▲ 0.64 (3.73%)
TPLP 13.03 Increased By ▲ 0.52 (4.16%)
TREET 22.90 Increased By ▲ 0.31 (1.37%)
TRG 60.45 Increased By ▲ 0.23 (0.38%)
Business & Finance

Boeing says Southwest Airlines orders 100 737 MAX planes

  • Earlier this month, investment firm 777 Partners ordered 24 of Boeing's 737 MAX aircraft, with an option to order 60 more.
Published Updated
By

WASHINGTON: US carrier Southwest Airlines has ordered 100 of Boeing's 737 MAX airplanes, the aerospace giant said Monday as it works to recover after two deadly crashes grounded its MAX fleet for 20 months.

The planes were only cleared to return to the skies in late 2020, and Boeing has also suffered from the collapse of the travel industry due to the Covid-19 pandemic.

SouthWest's order is worth $12.5 billion at catalogue prices. The airline also took options to buy 155 more MAX planes.

The deal raises Southwest's order book for 737-7 and its bigger 737-8 model to 380, according to Boeing. More than 30 have already been delivered.

Boeing was hit with 655 cancelations or plane order conversions last year, and in February, Boeing again saw more cancelations than new orders.

Earlier this month, investment firm 777 Partners ordered 24 of Boeing's 737 MAX aircraft, with an option to order 60 more.

Comments

Comments are closed for this article.