Southwest places orders for 150 new Boeing 737 MAX jets

14 Dec 2011

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American carrier, Southwest Airlines, has announced an order for 150 new Boeing jets which will provide up to 18% more fuel efficiency than older models already in service with the airline.

The new order for the Boeing 737 MAX aircraft, combined with a previous Southwest order for 200 of these jetliners, becomes the largest plane order in Boeing history. The Dallas-headquartered airline will be the launch customer for the 737 MAX.

The model is a narrow-body plane with a larger, quieter and more fuel-efficient engine than older models.

Without revealing financial details, Southwest said that it plans to spend, on average, $1.2 billion a year over the next 10 years on the new orders.

"The Southwest brand, with this order, is continuing well into the next decade," Southwest chief executive Gary Kelly said at a news conference.

The planes will be delivered starting 2012 through to 2022 and will replace older jetliners, such as 737-300s.

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