FARNBOROUGH: Monarch picks 737 Max for renewal

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UK-based Monarch Airlines has opted for Boeing 737 Max 8s for its narrowbody fleet replacement and is working toward signing a final purchase agreement with the US airframer for up to 45 aircraft of the type.

Its parent, travel firm Monarch Group, says it is in the process of finalising terms with Boeing for 30 firm aircraft and options on a further 15. The airline is currently an Airbus A320 operator.

"Having reviewed all of the options in the marketplace, we concluded that the Boeing 737 Max 8 is the aircraft that best fits our future route network strategy, enabling us to tightly control our unit costs whilst offering a superior service to our customers,” says Monarch Airlines managing director Andrew Swaffield.