Macquarie AirFinance orders additional Boeing jets amid growing demand for fuel-efficient aircraft

Macquarie AirFinance orders additional Boeing jets amid growing demand for fuel-efficient aircraft
Banking & Financial Services
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Ben Way Head of Macquarie Asset Management Member of Executive Committee | Macquarie Group

Macquarie AirFinance has announced the purchase of 30 Boeing 737-8 aircraft, marking its second direct order with Boeing. This move increases Macquarie AirFinance's total 737 MAX order book to 70 aircraft, with deliveries scheduled through 2032.

The company stated that this expansion is in response to rising airline demand for fuel-efficient planes, as passenger traffic grows and airlines focus more on environmental sustainability. The new order is intended to help Macquarie AirFinance’s airline partners modernize their fleets and meet operational efficiency and environmental goals.

According to Macquarie AirFinance, the Boeing 737 MAX series offers improved reliability and lower operating costs. The aircraft incorporates advanced technology and efficient engines, which reduce fuel use and carbon emissions by 20 percent compared to older models.

Eamonn Bane, CEO of Macquarie AirFinance, said: “This incremental order marks another milestone in our company’s growth strategy. The Boeing 737 MAX offers exceptional fuel efficiency, reliability, and passenger comfort, making it an ideal choice for our airline customers worldwide. By expanding our fleet with these state-of-the-art aircraft, we are reinforcing our commitment to providing sustainable and cost-effective solutions to our partners, while supporting the future of global aviation.”

Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing, commented: “Macquarie AirFinance’s further commitment to the 737 MAX is a testament to the value of this airplane among the leasing community and our airline customers. Lessors remain a crucial partner to Boeing and global carriers in providing financial solutions that expand single-aisle fleets.”

Macquarie AirFinance currently manages a portfolio of 227 aircraft leased to 84 airlines across 48 countries. Its firm orderbook includes a total of 105 new technology narrowbody aircraft from both Boeing and Airbus. The company operates offices in Dublin, London, San Francisco, and Singapore. Ownership is split between Macquarie Asset Management (50%), PGGM Infrastructure Fund (25%), and Australian Retirement Trust (25%).