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Avolon finalizes order for 140 Boeing 737 MAX 10s, the largest by a lessor

Boeing confirmed on 4 November 2026 that Avolon finalized an order for 140 737 MAX 10s, the largest 737 MAX purchase by a lessor, after FAA certification cleared the variant for delivery.

BusinessExplainerDr. Amara PatelPublished: 5 November 20263 min readSources 18
Avolon finalizes order for 140 Boeing 737 MAX 10s, the largest by a lessor

A lessor order, not an airline order

Avolon announced the Boeing portion on 9 October as part of a wider commitment for 250 new-generation aircraft split between Boeing and Airbus, FL3 reported. At the time it did not specify the MAX variant. The 4 November confirmation settled that all 140 will be the 737 MAX 10. The deal lifts Avolon's outstanding 737 MAX commitments to more than 240 aircraft.

Avolon is building a long-term delivery pipeline for airlines that cannot secure their own production slots or need more immediate capacity, Dj's Aviation reported. Chief executive Andy Cronin said the order expands its backlog for new single-aisle jets amid a crunch in availability and reflects airline demand. Avolon's portfolio stood at 1,092 aircraft owned, managed and committed across 138 airlines in 62 countries as of its 30 September 2026 filing.

Why certification mattered

The FAA certified the 737 MAX 10 on 20 October 2026, issuing a type certificate and an updated production authorization, the agency said. Certification removed the main US regulatory barrier to deliveries, FL3 reported. Boeing said the campaign involved more than 2,000 flight hours and about 1,000 hours of ground testing.

The FAA briefly paused certification in late September over a navigation-software issue that could affect automated vertical guidance in a landing scenario, Aviacionline reported. The agency concluded the issue did not pose a flight-safety risk. Certification completed the four-model MAX lineup after the smaller MAX 7 was cleared in August 2026. It also added an upgraded angle-of-attack sensor system and enhanced flight-control protections, FL3 reported.

Certification does not cover every factory. The 737 North Line in Everett must obtain its own FAA production certification before aircraft assembled there can be delivered, The Aviation Hub reported. Boeing brought the line into low-rate initial production in July 2026; Boeing has not given a timeline for that certification.

Why lessors want the 737 MAX 10

The aircraft carries up to 230 passengers in its maximum configuration, with 185 to 210 typical, and a published range of about 3,100 nautical miles, according to Boeing specifications. Boeing says it offers the lowest per-seat operating costs of any single-aisle jet currently in service. Boeing designed it to compete with the Airbus A321neo.

Boeing holds 1,555 MAX 10 orders from more than 30 customers, more than 30 percent of its undelivered MAX order book, according to the manufacturer. Lessors placed firm orders for more than 230 737-10s during 2026, a fivefold increase from the lessor backlog for the variant at the end of 2025, FL3 reported.

What happens next

Boeing expects to begin 737 MAX 10 deliveries in 2027. The first MAX 10s will go to WestJet through Aviation Capital Group in early 2027.

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Sources

18
  1. 01A Record-Breaking Boeing 737 MAX Order - Dj's AviationEN
  2. 02Avolon Finalizes Landmark Order for 140 Boeing 737 MAX 10 Aircraft Following FAA Certification - FL360aeroEN
  3. 03Boeing 737 MAX 10 Wins FAA Approval: What's Next? - Business TravelerEN
  4. 04FAA Clears Boeing 737 MAX 10 for Delivery After Years of Delay - The Epoch TimesEN
  5. 05US FAA certifies Boeing 737 MAX 10 - The Manila TimesEN
  6. 06FAA set to certify the Boeing 737 MAX 10, with the announcement due Tuesday - AviacionlineEN
  7. 07Boeing's Fourth 737 Line: What the Production Numbers Actually Show - The Aviation HubEN
  8. 08FAA certifies Boeing 737 Max 10 for passenger service - PravdaEN
  9. 09FAA allows Boeing to increase 737 Max production nearly two years after door plug flew off plane - MyNorthwestEN
  10. 10‘We’re off and rolling now,’ Boeing CEO touts MAX production increase - The Seattle TimesEN
  11. 11Boeing Allowed to Increase 737 Max Production - FLYING MagazineEN
  12. 12Boeing Pays $3.1 Million FAA Penalty Tied to 737 MAX Production Safety Lapses - AeroXplorerEN
  13. 13FAA approves Boeing's 737 Max 10 for passenger serviceEN
  14. 14FAA probes Boeing 737 MAX production, says it won't approve jets' return this yearEN
  15. 15NVIDIA Updates Rubin GPU Specs as First Production Hardware ArrivesEN
  16. 16Boeing's turbulent times - Key AeroEN
  17. 17GWM targets Q1 2027 production at Bulgaria base in European pushEN
  18. 18Astranis Upgrades Falcon 9 Launch Contract to Dedicated Mission for Entire Block 4 Production Run of SatellitesEN

All figures and quotations in this text come from the sources listed below.

Content prepared by the editorial team with AI assistance.

Dr. Amara Patel

Dr. Amara Patel

Economy, business and world

Dr. Amara Patel covers business, world affairs and the economy for FLASH24, working from filings, central bank statements and trade data rather than press releases, and she does not let company spin stand in for numbers. She checks revenue recognition, debt covenants and currency effects line by line against audited reports and regulatory disclosures. Her week includes calls with analysts, logistics operators and trade lawyers, and she watches the calendar for rate decisions, earnings dates and port and freight updates, comparing each against prior quarters. Outside the desk she tracks tech-company accounts and rides cargo bikes, which keeps her close to both the balance sheets she reads and the supply chains she covers. She does not publish a figure she cannot trace to a primary document.

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