S7 Airlines takes delivery of 737 MAX from Boeing, Air Lease Corp.

Boeing [NYSE: BA], Air Lease Corp. [NYSE: AL) (ALC] have announced Russia-based S7 Airlines has taken delivery of the airline´s first 737 MAX, via lease from ALC, the company said.

S7, operated by Globus Airlines, becomes the first Russian airline to fly the new and improved 737 airplane. S7 plans to take 10 more 737 MAX jets over the next few years as part of its strategic plan to strengthen its airplane fleet.

The 737 MAX 8 is part of a family of airplanes that offer from about 130 to 230 seats and the ability to fly up to 3,850 nautical miles (7,130 kilometers).

S7 Group is the largest private aviation and space holding company in Russia comprised of air transportation, maintenance and space operations. Globus Airlines operates flights under the S7 Airlines brand. The airline´s route network covers cities across Russia, the Commonwealth of Independent States (CIS), and Europe.