Jet Airways orders 75 737 MAX 8 airplanes from Boeing

Boeing (NYSE: BA) and Jet Airways, India´s premier international airline, announced an order for 75 737 MAX 8 airplanes at the 2015 Dubai Airshow today.

The announcement marks the largest order in Jet Airways´ history and supports the airline´s replacement strategy to have the most modern and environmentally progressive airplane fleet. The order, previously attributed to an unidentified customer, includes conversions of 25 Next-Generation 737s to 737 MAX 8s, as well as options and purchase rights for an additional 50 aircraft.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class — 8 percent per seat less than its nearest competitor.