Norwegian Air Shuttle (Oslo) has announced a firm order for 100 fuel-efficient 737-800 MAX airplanes and 22 Next-Generation 737-800s. The total order is valued at $11.4 billion at list prices and represents the largest-ever Boeing order from a European airline.

Norwegian is the first European carrier to finalize an order for the 737 MAX. The order supports Norwegian’s plans to build on the success provided by its fleet of Next-Generation 737-800s for its rapidly expanding operations.

The 737 MAX is the new-engine variant of the world’s best-selling airplane and builds on the strengths of today’s Next-Generation 737. The airplane will be powered by CFM International LEAP-1B engines which will reduce fuel burn and CO2 emissions by an additional 10-12 percent over today’s most fuel-efficient single-aisle airplane. The 737 MAX will have the lowest operating costs in the single-aisle segment with a 7 percent advantage per seat over tomorrow’s competition.

This order continues the momentum for the 737 MAX. With the Norwegian order, the 737 MAX has orders and commitments for more than 1,000 airplanes from 15 customers and the Next-Generation 737 family has orders for more than 6,300 airplanes.

Norwegian becomes first in Europe to receive the new Boeing 737 MAX8 delivered and thus becomes the launch customer for Boeing in Europe. The aircraft has been including a redesigned engine that produces 10-12 percent less fuel than today’s 737-800. Compared to a 737-800 from 2001 is 15-20 percent fuel savings, a huge environmental benefit and a significant cost reduction for the company.

Norwegian now has 150 purchase rights, and a total of 277 aircraft on order that have not yet been delivered. Included in the 277’s 55 previous purchases of the Boeing 737-800. In addition, Norwegian has secured delivery of six Boeing 787 Dreamliner for its long-range effort.

Norwegian has also signed an agreement with Airbus to purchase 100 Airbus A320neo aircraft. Norwegian has also secured purchase rights for an additional 150 aircraft from the two aircraft manufacturers.

Norwegian’s agreement to purchase 222 aircraft is the largest aircraft order ever made in Europe. The order is also the single largest investment a company in mainland Norway has done and is on par with the biggest Norwegian investments in the oil and gas.

Airbus A320neo is a completely new aircraft for the Norwegian.

Top Copyright Photo: Ton Jochems.

Bottom Image: Airbus.

 

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