Tuesday, August 08, 2023

Air India to take remarketed China-bound Boeing 737 Max

Dallas: Air India (AI) is set to acquire Boeing MAX aircraft originally intended for customers in China, according to sources cited by Leeham News. These planes form part of AI’s recent order for jets and are not additional to the original agreement.
 During a recent earnings call, Boeing confirmed that it had successfully found buyers for the surplus MAX jets but did not disclose their identities. Boeing’s Chief Financial Officer, Brian West, stated that the company ended the second quarter with MAX airplanes in inventory, including intended for Chinese customers. 
However, of these have now been remarketed as per the discussed plan. Boeing’s Chief Executive, Dave Calhoun, highlighted that the remarketing process was carried out with permission and in consultation with Chinese customers. Boeing had initially announced plans to remarket the China-bound Boeing MAX in September but backtracked in early .
 Rumors surfaced late in regarding Boeing’s intention to offer a portion of the aircraft to AI. Notably, Chinese airlines have not yet resumed receiving Boeing MAX deliveries, despite the type being mostly back in service within the country. Calhoun expressed satisfaction with the performance of the MAX fleet, emphasizing its reliability. While he expects delivery to resume, he refrained from any prediction and stated that Boeing would continue managing the situation as it has been. 
07/08/2023 Helwing Villamizar/Airwaysmag
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