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Israel's El Al signs Boeing 737 MAX deal worth up to $2.5 bln
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Israel's El Al signs Boeing 737 MAX deal worth up to $2.5 bln
Aug 14, 2024 11:55 PM

JERUSALEM, Aug 15 (Reuters) - El Al Israel Airlines

said on Thursday it had signed a deal with Boeing ( BA )

for the purchase of up to 31 737 MAX aircraft worth as

much as $2.5 billion.

El Al, Israel's flag carrier with an all-Boeing ( BA ) fleet, said

the agreement includes the purchase of 20 737 MAX airliners for

$1.5 billion and options for 11 more.

Delivery is expected to begin in 2028, although the carrier

said it would consider bringing forward the operation of several

737 MAX aircraft to as early as 2027 through a dry lease.

The new planes will replace the airline's current short-haul

fleet of ageing Boeing 737-800 and 737-900 aircraft.

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