Brazil's
largest low-cost airline to use 737 MAX to replace airplanes with more
efficient fleet
SAO PAULO,
Oct. 1, 2012 /PRNewswire/ -- Boeing (NYSE: BA) and GOL Linhas Aereas
Inteligentes announced today GOL's purchase of 60 737 MAX airplanes. GOL plans
to use the new super-efficient 737 MAX to increase operational efficiency and
reduce costs.
The order
is valued at approximately $6 billion at published list prices, making it the
largest order in GOL's 12-year history and the largest airplane order from a
single airline in South America's aviation history.
"The
decision to order Boeing 737 MAX is in line with our commitment to maintain a
modern and safe fleet that will allow us to sustain our competitive advantage
in the long term," said Paulo Kakinoff, CEO of GOL. "The new
airplanes will have one of the best cost-benefit ratios in the market due to
its unique operational economy, so it is fully compatible with our low-cost
model."
The 737 MAX
builds on the strengths of Boeing's best-selling Next-Generation 737 with big
advances in fuel-efficiency and environmental performance. Equipped with new
LEAP-1B engines from CFM International and improvements such as the Advanced
Technology winglet, the 737 MAX reduces fuel burn and CO2 emissions by 13
percent and maintains the 8 percent operating cost advantage over future
competition. This order puts the 737 MAX at 724 firm orders to date.
"Boeing
has partnered with GOL since their inception just over 12 years ago. We've
watched them grow from a small start-up airline to a driving force in global
aviation and we are proud to partner with them as the South American launch
customer for the 737 MAX," said Ray Conner, president and CEO of Boeing
Commercial Airplanes. "The unmatched operating economics of the 737 MAX
make it the absolute best airplane for the world's low-cost carriers and legacy
carriers alike. GOL's commitment to the MAX proves this once
again."
In just
more than 11 years, GOL has established itself as one of the fastest growing
low-cost, low-fare airlines in the world. GOL currently offers the most
extensive and convenient routes in South America with approximately 810 daily
flights to 63 destinations in Brazil and 12 in South America and the Caribbean.
Combined with six code-share partnerships and more than 60 interline agreements
with foreign companies, GOL's route network is among the best serving customers
traveling to, from and within Brazil.
Source: Boeing's press release, October 1st, 2012.
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