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TUI Travel confirms order for 60 Boeing 737MAX

Profile Photo By: H L
June 18, 2013

TUI Travel confirms order for 60 Boeing 737MAX

PARIS (Reuters) – British travel firm TUI Travel (LSE:?TT.L?-news) confirmed an order for 60 of?Boeing?(NYSE:?BA?-?news) ‘s 737MAX jets at the Paris Airshow on Monday, with an option to buy a further 90 more of the fuel-efficient aircraft.

TUI Travel, which operates Britain’s Thomson Airways, said in May that the initial deal for 60 planes, powered by CFM International’s LEAP-1B engines, had been secured at a “significant discount to the list price” of $6.09 billion (3.87 billion pounds).

The engines are worth $1.56 billion at list prices.

The world’s largest tour operator expects the jets to be delivered between January 2018 and March 2023.

The 737MAX is the latest narrow-body plane by Boeing and competes with the A320neo made by European rival Airbus.

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