Boeing delivered two 737 MAX 8 aircraft to Canadian carrier WestJet on February 27, 2026, completing a sale‑and‑leaseback transaction with Aviation Capital Group. The deal provides Boeing with a confirmed revenue stream from the sale and the subsequent lease payments, while WestJet gains two fuel‑efficient aircraft to support its expansion plans.
WestJet’s fleet strategy has been focused on adding 737 MAX aircraft to replace older narrow‑body models and to support new routes. The delivery coincides with WestJet’s 30th anniversary and follows the airline’s recent decision to convert six 737 MAX 10 orders into two 787 Dreamliners, a move that reflects a shift toward larger, long‑haul capacity.
Boeing’s commercial aircraft portfolio remains centered on the 737 MAX family, with the company targeting a production rate of 53 737 MAXs per month by the end of 2026. The delivery of two MAX 8s is part of a broader ramp‑up that includes ongoing production of the 737 MAX 7 and the anticipated certification of the MAX 10 later in 2026.
The sale‑and‑leaseback transaction underscores Boeing’s recovery strategy. By securing a steady lease‑back revenue stream, Boeing can better manage cash flow while continuing to deliver aircraft to a growing customer base.
The delivery signals strong customer confidence in the 737 MAX program. WestJet’s willingness to acquire and lease the aircraft demonstrates that airlines are comfortable with the MAX’s safety record and operational performance.
Carter A. White, Chief Commercial Officer at Aviation Capital Group, said, "We are delighted to complete the delivery of two Boeing 737 MAX 8 aircraft and to strengthen our long‑standing relationship with WestJet. These modern, fuel‑efficient aircraft will support WestJet’s fleet expansion and continued growth."
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