Royal Air Maroc (RAM) has secured more Boeing 737 MAX aircraft in a $300 million lease agreement with Air Lease Corporation (ALC).
The long-term lease contract, announced on August 16, 2023, will see Royal Air Maroc receive four new Boeing 737 MAX 8 jets and one Boeing 737-800.
The new aircraft are scheduled to be delivered to the Moroccan flag carrier in 2024 from ALC’s order book with Boeing.
“Through this agreement with esteemed partners as ALC, Royal Air Maroc will receive additional aircraft that will strengthen and modernize our operational fleet, enabling us to consistently enhance the quality of service for our customers, while also reducing our carbon footprint in line with our environmental commitment,” Abdelhamid Addou, CEO of Royal Air Maroc, said.
According to data from ch-aviation.com, Royal Air Maroc currently operates two Boeing 737 MAX aircraft, as well as 27 Boeing 737-800.
“ALC is pleased to announce this lease placement for five Boeing 737 aircraft with Royal Air Maroc,” Steven F. Udvar-Házy, executive chairman of Air Lease Corporation, said. “We look forward to building our long-term relationship with RAM as they continue to modernize their fleet and grow their network, as well as maximize their competitive advantage with the most fuel-efficient aircraft in the market.”
In July 2023, Addou signaled that the airline is looking to expand its fleet of over 50 aircraft, to 200 planes in the next 15 years.