Boeing [NYSE: BA] and EL AL Israel Airlines have today confirmed that the Israeli flag carrier has finalized an agreement for up to 31 737 MAX aircraft.
The 737 MAX order is EL AL’s largest airplane purchase in its 76-year history, and furthers the airline’s plan to grow its single-aisle fleet.
EL AL Israel Airlines Historic Acquisition
EL AL Israel Airlines makes a new chapter in its history with the record acquisition of up to 31 Boeing 737 MAX aircraft. This strategic move, announced today, underscores the carrier’s commitment to modernizing its fleet and further growing its narrowbody fleet contingent.
The Israeli flag carrier has been steadily expanding its operations, and this latest deal with Boeing is a testament to its growth ambitions.
Earlier this year, EL AL increased its order for the 787 Dreamliner, a decision that, combined with the 737 MAX purchase, signifies a substantial investment in its future.
Dina Ben-Tal Ganancia, CEO of EL AL Israel Airlines, expressed her enthusiasm for the deal. “This is a pivotal moment for EL AL,” she said. “By incorporating the most advanced technology into our fleet, we are poised to deliver unparalleled service and comfort to our passengers.”
Ganancia emphasized the airline’s dedication to the Israeli public and its role in fostering global connectivity.
The Boeing 737 MAX boasts fuel efficiency, reduced emissions, and quieter operation. By choosing this aircraft, the airline is also positioning itself for long-term cost savings with the more efficient narrowbody variant.
Stephanie Pope, president and CEO of Boeing Commercial Airplanes, lauded EL AL’s decision. “We are privileged to continue our enduring partnership with EL AL,” she stated. “The 737 MAX and 787 Dreamliner will be instrumental in shaping the airline’s future success.”
With a renewed fleet, the national flag carrier aims to strengthen its market position. It will seek to expand its route network, and attract a wider customer base.
The airline’s strategic focus centers on enhancing passenger experience, coupled with its commitment to operational efficiency. This combination positions it well to thrive in the competitive aviation industry.
About EL AL Israel Airlines
EL AL is Israel’s national airline, operating a diverse network of domestic and international flights. Historically, the airline has maintained a strong emphasis on safety, reliability, and service. The national airline has now been a leading carrier in the region for decades.
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