GOL places $2.7 billion 737 order

Brazil’s GOL Linhas Aereas airlines announced today that it has placed a $2.7 billion order with Boeing for 43 737-800 passenger aeroplanes.

GOL will start receiving the 15 firm-ordered 737-800s between 2007 and 2009. GOL holds purchase rights for the remainder which can be exercised between 2005 and 2010. The agreement is said to represent one of the region’s largest such transactions.

“It is especially gratifying to partner with GOL, whose outstanding Boeing 737 operation has generated consistent profitability even during the difficult economic times of the past few years,” said John Wojick, Boeing’s vice president of sales for the Caribbean and Latin America.

Wojick added that various types of aerodynamic modifications are being analysed for the 737-800, which will be evaluated in wind tunnel testing later in the year.

The new 737-800s will join the 18 737-700s and four 737-800s GOL now operates.