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Press Release

Monarch Airlines announces preference for LEAP-powered 737 MAX for fleet replacement order; LEAP-1B engine order valued $1.9 billion when finalized

July 14, 2014

  • Order includes long-term service agreement
  • Deliveries begin in 2018

FARNBOROUGH, England --- 14 July 2014 --- Monarch Airlines today announced that it is finalizing terms and working towards a purchase agreement for 30 Boeing 737 MAX aircraft, to be powered by LEAP-1B engines. CFM values the engine order, when finalized, at $1.9 billion U.S. at list price, including a long-term service agreement.

Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609

Jamie Jewell
GE Aviation
[email protected]
+1 513 552 2790
+1 513 885 2282


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