2014 was another bumper year of orders and deliveries for the 737. It took 1196 orders and delivered 485 aircraft.
The Boeing 737 is the best-selling commercial aircraft in aviation history with almost 13,000 aircraft ordered.
In 2013 Boeing took net orders for 1208 737s; that stands as the most of any model by any major commercial manufacturer in history. By 1 Jan 2015, the total number of 737NGs ordered was over 6,800, 70% of which were for the -800 series.
By 1 Jan 2015, the 737 had an order backlog of 4300 aircraft, including more than 2,600 orders for the 737 MAX. This is about one-third of the entire order backlog for all large commercial jets built by Boeing and Airbus. Even with the rise in production rate from the present 42 per month to 47 per month in 2017 and 52 per month in 2018, even with no further orders this will ensure the 737's production until at least 2022.
The table and chart shows orders and deliveries by series and year. Data is correct up to 1 January 2015.
As of 1 Jan 2015 the 737 MAX has orders for 2,663 aircraft
*** Updated 6 May 2015 ***
One of the more difficult questions to answer is “How much does a 737 cost?” The answer is not that straightforward. It depends upon series, customer options about avionics and cabin fittings, and most significantly size of order and when it is placed.
The average list prices for 737s as of January 2015 were as follows:
In February 2005, Ryanair placed an order for 70 737-800s with options for a further 70. The public list price was between $61.5 million to $69.5 million per aircraft as given on Boeing's Web site. However because of the size of the order and the fact that it was placed when Boeing had being losing a significant amount of orders to its rival Airbus, it is widely believed that Ryanair paid less than $51 million each; and by the time other concessions such as credit and allowances, support services and free winglets are factored in, the price could have been as low as $29 million - less than half of the list price.
There follows a collection of recent news items concerning 737 orders, deliveries and fleet movements.
For a full listing of 737 production and airlines current fleets try the following http://www.airfleets.net
13 Apr 2015 - Boeing, Copa Airlines celebrate USD6.6bn 737 MAX agreement
Copa Airlines formally signed (10-Apr-2015) an order with Boeing for 61 737 MAX aircraft, covering 737 MAX 8 and MAX 9 variants. The aircraft were previously listed on Boeing's Orders and Deliveries web site to an unidentified customer. The order is valued at USD6.6 billion at list prices. Copa will use the aircraft for replacement and to support plans for strategic growth. Copa will be the first airline in the region to operate the 737 MAX 9 on “deep” South American routes, as well as on its long-haul route network. To date, Boeing has accumulated 2,715 737 MAX orders from 57 customers.
23 Dec 2014 - Air China commits to purchase 60 737s
Air China and Boeing confirmed (22-Dec-2014) that Air China has committed to purchase 60 737s, including 737NG and 737 MAX aircraft. The commitment when finalised will be valued at more than USD6 billion at current list prices. The order will be posted on Boeing's Orders & Deliveries website once all contingencies are cleared. Air China said deliveries are scheduled from 2016 to 2020. The purchase will boost Air China’s fleet capacity by around 8% available metric-ton kilometre over Dec-2013, excluding adjustments to fleet structure such as the disposal of old aircraft. The actual payment will be less than the USD5.9 billion Jul-2012 open-market aircraft basic price because Boeing granted price concessions, including credit memorandums, Air China said. The carrier will pay cash in installments, using cash from operations, bank loans and unspecified financing instruments.
16 Dec 2014 - Jetlines orders 5 737 MAX-7s
Boeing and Jetlines today announced an order for five 737 MAX 7s as the new Canadian ultra-low cost carrier builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights for an additional 16 737 MAXs. "This agreement with Boeing is a major milestone for Jetlines," said Jim Scott, CEO of Jetlines. "We are thrilled to be partnering with Boeing and look forward to introducing the 737 MAX 7 into our fleet." The new airline, headquartered in Vancouver, British Columbia, plans to tap into passenger demand by offering low cost airfares on routes that avoid direct competition with other airlines. "Boeing is proud to partner with Jetlines as it begins a journey to offer low airfares to passengers across Canada," said Brad McMullen, vice president of North America Sales, Boeing Commercial Airplanes. "The 737 MAX 7 is perfectly suited to the airline's needs, and we appreciate the confidence Jetlines has in the airplane."
14 Jul 2014 - Monarch Airlines orders 30 737 MAX-8s with options for a further 15
Monarch Airlines announced it intends to order 30 Boeing 737 MAX jets on Monday at the Farnborough Airshow in a deal worth over $3 billion. The company said via release that it was working to finalize terms and set a purchase agreement for the jets. It will be limited to only MAX 8 airplanes that will be powered by LEAP-1B engines. CFM values the engine order, when finalized, at $1.9bn at list price, including a long-term service agreement. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee maintenance costs for all 60 LEAP-1B engines on a dollar per engine flight hour basis.
The order has been expected for several weeks, after the carrier confirmed it was in talks in early July. The order, once finalized, is big win for the American manufacturer, which managed to flip the UK carrier from its current all-Airbus narrow-body fleet. It comes as a moderate blow to Airbus, which makes up the majority of the carrier’s fleet, including all of its narrow-body, single aisle airplanes. Monarch had been debating between the MAX and Airbus’ A320neo family. So far in the narrow-body market carriers had instead been bailing on Boeing, choosing Airbus products instead.
20 Mar 2013 - Ryaniar places order for 175 737-800s for delivery 2014-2017
Ryanair Holdings Plc (RYA) may buy as many as 200 of Boeing Co’s newest narrow-body jet, the 737 Max, later this year after placing a record-setting order for the model that’s being phased out.
Ryanair’s commitment to buy 175 of the existing 737-800 models, with a catalog value of $15.6 billion, is Boeing’s biggest European sale and will let the Dublin-based carrier add discount flights in markets vacated by full-service rivals. Ryanair may become a “lead customer” for the re-engined Max, with an order of 100 to 200 by year-end, Chief Executive Officer Michael O’Leary said.
“Today’s order is very much an interim order and a forerunner for what I very much hope will be an order for Max aircraft once our teams finish their study,” O’Leary said at a press conference in New York with Boeing Commercial Airplanes President Ray Conner. “We both hope the joint team we’ve established will report back and come up with a deal for a Max order sometime before the end of this calendar year.”
A Max order may help Boeing catch up to Airbus SAS’s new A320neo, which has outsold its rival and is set to enter service two years earlier. Airbus’s sales success makes it unlikely for Ryanair to get the discount it would want to buy the plane, O’Leary told analysts.
Europe’s biggest low-cost carrier last placed a major order in 2005 and has been contemplating a new deal for more than three years with deliveries from Boeing having ended in December. The carrier got a heavy discount on the last purchase and the new accord has similar terms, with “slightly higher prices,” O’Leary said.
Airbus Chief Operating Officer John Leahy spoke last week of an ongoing price war between the two planemakers, though Conner told investors March 4 that the aggressive pricing pressure to get initial Max orders had subsided. He also said Chicago-based Boeing would “be OK” on the so-called bridge pricing on the final orders for the current model.
Ryanair rose 4.8 percent to 6.08 euros in Dublin. Boeing advanced 0.4 percent to $85.51 at the close in New York.
The new jets, scheduled for delivery between late 2014 and 2018, will permit 5 percent annual growth and take passenger numbers above 100 million from 79 million in 2012, Ryanair said. A Max order would address expansion through 2019.
“This puts Ryanair back on a growth track which they were at risk of not seeing,” said Donal O’Neill, an analyst at Goodbody Stockbrokers with a buy rating on the stock.
O’Leary said the past year or so has seen a “significant uptick” in growth opportunities, with the failure of Spanair SA and Hungary’s Malev Zrt. plus job cuts at carriers spanning SAS AB of Scandinavia, the Iberia unit of International Consolidated Airlines Group SA (IAG) and discount rival Air Berlin Plc. (AB1)
“We needed this order to fill the gaps left by the likes of Iberia in Spain and SAS in Scandinavia as the network airlines concentrate on long-haul and feeder services,” he said in an interview.
Some 75 of the new planes will replace older ones, with the rest adding capacity, taking the total toward 400 aircraft, all of them 737-800s. The fleet might grow to more than 500 jetliners with a follow-on order that could reach a list price of more than $20 billion.
Ryanair had said it was also considering Airbus A320 planes, which have nine fewer seats, as well as the C919 from Commercial Aircraft Corp. of China, a new entrant to the single-aisle market. Another option was to grab jet orders from rivals struggling to fund purchases, though secondhand prices are high, making that option unattractive, O’Leary said.
The fleet deal will be funded from cash flow and debt, with some aircraft sold under so-called sale-and-leaseback arrangements. With capital outlays increasing this year and next, the Irish airline will hold off on further share repurchases and special dividends until 2015, it said.
Today’s order, Boeing’s largest this year, comes after Airbus won commitments for more than 400 A320 aircraft in the past week from Deutsche Lufthansa AG (LHA), Turkish Airlines (THYAO) and Lion Mentari Airlines PT of Indonesia.
The Ryanair contract helps fill up remaining delivery positions at Boeing as the U.S. manufacturer seeks to smooth the production transition from the current 737 to the Max model.
“We didn’t have a lot of open slots anyway, but this pretty much closes the gap we did have,” Boeing’s Conner said.“We have a few more left over, but not that much.”
The team evaluating the Max is probing several issues including whether buying the heavier model makes sense, since it will incur higher airport landing charges, O’Leary said.
02 Jan 2013 - 737 MAX orders exceed 1000
Boeing won an order for 60 of its upgraded single-aisle 737s from Aviation Capital Group LLC, a deal with a $6 billion catalog value that pushed purchases of the new plane past 1,000. The sale was completed in December and consists of 50 of the 737 Max-8 model and 10 of the Max-9 variant, Chicago-based Boeing said today in a statement. Airlines and lessors typically buy at a discount to list prices. Aviation Capital’s acquisition pushed orders for the 737 Max to 1,029, meeting a goal of about 1,000 for 2012 as Boeing plays catch-up with Airbus SAS, which outstripped Boeing in introducing an upgrade of its narrow-body airliner. The Max will feature more fuel-efficient engines and is set to enter service in 2017, after the scheduled 2015 debut for Airbus’s A320neo series. “Reaching 1,000 orders in just over a year’s time from our first order” shows the aircraft’s value for customers, said Bob Feldmann, vice president for the jet program. “Customers are expressing confidence in our ability to deliver improved performance on schedule.”
09 Aug 2012 - Boeing raises 737 prices
Boeing has increased the list price of its updated 737 Max aircraft by 4.5% for the first time since launching the plane last year. The 737 Max 8 and Max 9 now cost $100.5 and $107.3 million, respectively. The 737 Max 7, the smallest of the family, now sells for $82 million.
Customers rarely pay the list price for jets, typically negotiating discounts, though pre-delivery deposits are based on the published price and will rise as a result of the latest change.
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