Monarch Airlines and Boeing are finalizing terms and working toward a purchase agreement for 30 737 MAX 8s, marking the start of a fleet transition to Boeing single-aisle aircraft. The order, announced at the Farnborough Airshow, is valued at $3.1 billion at current list prices. The aircraft will be powered by LEAP-1B engines. When finalized, the engine order is valued to be $1.9 billion at current list prices, including a long-term service agreement. The LEAP-1B, which is the sole ...

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