On 14 June 2023, Canadian low-cost carrier Flair Airlines announced the leasing of two recent Boeing 737 MAX jets from SMBC Aviation Capital, the world’s second-largest aircraft leasing company. The aircraft will join the airline’s fleet for the summer 2023 schedule.
The primary of the 2 aircraft arrived on the carrier on 13 June, and the second jet is scheduled to hitch the fleet later in June. The 2 brand-new 737s are being delivered to Flair directly from Boeing’s industrial production lines.
Photo: Flair Airlines
These aircraft are each of the MAX-8 variant and are equipped with CFM LEAP-1B27 engines. As with the carrier’s other Boeing 737 MAX 8 aircraft, the jets can have 186 seats in a one-class configuration.
Barry Flannery, Chief Business Officer for SMBC Aviation Capital, said the next in a press release regarding the announcement of the lease:
“We’re pleased to deliver these two Boeing 737 MAX aircraft to Flair, expanding its fuel-efficient fleet and helping Flair to capitalise on the recovery that we’re seeing within the sector. These modern, fuel-efficient aircraft will allow Flair to offer much more value to their customers over the approaching years and we look ahead to a few years of growth and successful partnership with Flair.”
Clearly, the leasing firm has the best confidence in Flair Airlines and appears forward to profiting from the brand new jets’ profit-making potential.
A period of continued expansion
The carrier, which expects a surge in demand, sought out recent aircraft to satisfy the rise in passenger numbers for the busy summer season. This lease agreement stands as one more in a protracted series of recent expansions by the Canadian budget carrier previously yr.
Recently, the airline has taken advantage of the MAX’s long range to attach Canadian cities with resort destinations within the Caribbean region. Notably, the carrier announced recent services from Montreal to Orlando just last month, flights that may undoubtedly prove popular.
Photo: sockagphoto / Shutterstock
Moreover, the carrier has utilized its fleet of older 737-800 jets to create an efficient domestic network, including the creation of a brand new Calgary base last month. Moreover, increasingly routes proceed to be added every month by the young carrier.
The airline’s ability to cut back prices to such reasonably priced levels has encouraged and can proceed to spur tourism to the destinations it connects, resulting in rapidly rising demand. And to satisfy this surge, the carrier must proceed expanding and modernizing its fleet.
Photo: Flair Airlines
In a press release regarding the lease of the brand new 737 MAX jets, Flair’s CEO, Stephen Jones, had the next words to share:
“Flair Airlines has demonstrated excellent operational performance and business metrics, coupled with skilled management of aircraft assets which are in high demand. We’re pleased to lease two more of those fuel efficient aircraft and thank SMBC Aviation Capital for his or her support in our mission to deliver the bottom fares on offer in Canada.”
Flair looks forward to a busy summer with two recent, fuel-efficient aircraft to assist manage the increasing passenger numbers, a testament to the startup carrier’s early success.