By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: IAG signs letter of intent to purchase 200 Boeing 737MAX
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > IAG signs letter of intent to purchase 200 Boeing 737MAX

IAG signs letter of intent to purchase 200 Boeing 737MAX

Robin Van Acker
Last updated: 18 June 2019 20:13
By Robin Van Acker
5 Min Read
Share
SHARE

The second day of the Paris Air Show begins with a ray of hope for the American aircraft manufacturer Boeing.

The Paris Air Show has entered its second day today. Yesterday the eyes were focused on how many orders the aircraft manufacturers would receive this year. The big winner on the first day was Airbus. In just a few hours, the manufacturer won no less than 132 orders and 6 options. These included the order placed by Virgin Atlantic for 14 Airbus A330neo aircraft and the lease company Air Lease Corporation, which placed 27 orders for the Airbus A321XLR. The latter is expected to be very popular as it can be used on long-haul routes up to 4,700 nm (8,704 km). This allows airlines to operate long routes with a low load factor and thus make the connection profitable. The catalogue value of these 132 orders would amount to more than 15 billion dollars.

Furthermore, Embraer received 20 orders and 19 options on the first day. These all come from the American airline, United.

More attention was paid to the order book of the American aircraft manufacturer Boeing. They had to deal with only 2 orders and 25 options. However, this small number is not so strange. Boeing has received several external shocks lately. Not only the 2 crashes of the Boeing 737MAX weigh heavily, but also different factory locations were investigated. There are rumors that there is a lot going wrong with the production of the larger Boeing 787 Family. Boeing completely denies this. However, it does admit that for about 1% of the 787s delivered, there is a problem with the extinguishing system in the engine. The company had also to admit that the MCAS system in the 737MAX is faulty. This system keeps the nose of the aircraft down when it is pushed up. This would happen in different circumstances, because Boeing has hung new engines under the 737 which are bigger.

Confidence in Boeing and especially in the 737MAX must be restored and they are doing everything they can to fix this.

Today it looks like the tide has turned. Many aviation sympathizers are watching Paris Air Show with big eyes. Boeing is suddenly back in the race to get big orders. The most striking thing is that the monster order of 200 pieces is destined for the 737MAX. The British-Spanish multinational airline holding IAG signs a letter of intent for the order of no less than 200 Boeing 737MAXs. IAG is the parent company of British Airways and the Spanish company Iberia. The order would be a mix of 737MAX-8s and 737MAX-10s. It is very noteworthy that IAG is placing this order because the entire narrow-body fleet consists of the Airbus A320 Family. It is also striking that the holding company chooses ‘the problem aircraft’. According to the catalogue values, this order would be worth 24 billion dollars. However, with such a large order, airlines get a substantial discount and most likely Boeing will give an extra discount to sell the 737MAX back to the market.

Where the MAX will fly within the holding company is not yet fully known. IAG does indicate that both Vueling and Level (both belonging to the company) will certainly use this aircraft int he future. The purchase of this large number of aircraft is largely to increase the fleet.

We must be aware that this is just a declaration of intent and not yet a final order. IAG may still change its mind. However, it is assumed that IAG will confirm the order once the problems with the 737MAX have been solved. Boeing also states that they are impressed by the leadership at IAG and let’s hope that several other airlines will follow suit.

You Might Also Like

‘Son of Concorde’ – Inside the NASA X59 Program
British Airways Receives Another A350-1000
Delta announces new partnership with Shake Shack
RwandAir’s CEO to Become IATA’s First Female Chair in 2023
Will We See a Rise in Luxury Travel After The Pandemic?
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Robin Van Acker
ByRobin Van Acker
Follow:
Photojournalist - An avid aviation photographer, Robin contributes to the Commercial Aviation section of the publication, with a focus on liveries, new aircraft deliveries and route development
Previous Article The battle in the states
Next Article Diamond Unveils Surveillance Plane

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Attendees at the signing of the Memorandum of Understanding Between Cathay and Hong Kong Disneyland Resort at Hong Kong Disneyland Hotel
Cathay and Hong Kong Disneyland Join Forces to Boost Tourism
Airlines Aviation
Six KLM blue and white planes are in a line on the tarmac with their tails as the centre of the image.
KLM to Fly to 161 Destinations in Winter 2025-2026
Airline Economics Route Development
A United airlines plane in the blue sky.
United Celebrates ‘Best Ever’ Summer at Newark Liberty International Airport
Airlines Airports Aviation Route Development
Australia Aviation Overview
Airservices Australia Unveils August 2025 Report
Airlines Aviation Did You Know
A group of passengers seated in an airplane cabin, using their mobile phones. A flight attendant in a red uniform is standing and assisting one of the passengers. The interior of the airplane shows rows of seats and windows.
Avianca Offers Business Class Américas In More Than 80 Destinations
Airlines Aviation Route Development
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up