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Aircraft leasing company Avolon has placed an additional order for 40 Boeing 737-8 aircraft.
The Boeing 737-8 is capable of seating configurations from 162 to 210 passengers with a range of 3,500 miles. The model is well-suited for profitable operations on short to medium-haul routes and offers a fuel efficiency improvement of 20% compared to previous models. It is estimated that this can reduce carbon dioxide emissions by an average of 8 million pounds annually.
In June, Avolon had announced an order for 40 Boeing 737-8 aircraft. The additional order will require shareholder approval.