British carrier Monarch Airlines has finalized an order with US airframer Boeing for 30 737 MAX 8s worth $3.2 billion at current list prices. Earlier this year at the Farnborough International Airshow, Monarch selected Boeing as its preferred bidder for fleet replacement. The order includes options for 15 additional 737 MAX 8s and marks the beginning of the British carrier’s transition to an all-Boeing single-aisle fleet.
The airline currently operates a single-aisle fleet of 10 Airbus A320’s, 27 Airbus A321’s and 3 Boeing 757’s.
Andrew Swaffield, CEO of the Monarch Group
“Seven days after welcoming new owners into the business, this order is a demonstration of our commitment to the future and the evolution of Monarch as a distinctive European scheduled leisure carrier, The 737 MAX 8 fits our network strategy of serving our traditional European leisure routes in greater frequency, providing increased choice and service for Monarch customers, with significantly improved unit costs to our business.”
Todd Nelp, vice president of European Sales, Boeing Commercial Airplanes
“The 737 MAX is the perfect airplane for Monarch as it moves its business model from a traditional charter carrier to a European scheduled leisure airline, offering improved efficiencies, high reliability and an outstanding passenger experience, We are honored that Monarch has chosen Boeing as its future partner and are dedicated to ensuring this iconic operator’s continued success.”