Published on Tuesday, June 20, 2017

Monarch increases fleet order

Monarch Airlines has exercised an option on a further 15 Boeing 737 MAX 8 jets, at a value of $1.7bn at current prices.

The two companies have also agreed a servicing joint venture and announced both deals at the Paris Air Show.

The order for the Boeing jets takes Monarch's total order to 45 new aircraft with the first delivery in 2018.

By the end of 2022, Monarch will have a completely new, modern fleet which will transform the airline, the customer experience, its environmental impact and cost-base.

Monarch also announced the launch of a joint venture with Boeing with the aim of securing additional third-party fleet servicing agreements.

Monarch Aircraft Engineering has been servicing airlines globally for the past 50 years and is one of the few Boeing approved GoldCare providers across the world.

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story
Code Request a new picture 5 characters

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
'Thomas Cook boss gets much bigger bonus' - Are you pleased for him ?
YES 43.53 %
NO 56.47 %

Thank you for your vote

Move scroll bar (above) left to right for more videos!

Sponsored features

roomsXML - saving travel agents from heartburns and wasted man-hours

Founded in 2007, roomsXML is an online B2B accommodation wholesaler serving travel agents and tour operators with offices in Australia, India, UAE, UK and USA. roomsXML is winner of numerous industry awards and accolades, including 'MSE 2' high credit worthiness certificate from CRISIL - an S&P Global company.