Linhas Aereas de Mocambique (LAM – Mozambique Airlines) has ordered three 737-300 Next-Generation passenger jets from Boeing, and purchase rights for another three.
The order was formally signed in November 2013 but only announced today. It is worth $228 million at list prices.
“In order to thrive in this highly competitive environment, LAM…has developed an in-depth Strategic Business Plan which resulted in the restructuring of its network to facilitate its growth and expansion,” said Marlene Mendes Manave, LAM CEO. “This investment in the Next-Generation 737-700s will help Mozambique to remain at the forefront of the growing demand for air travel in our region and enable expansion into several new markets.”
LAM’s new 737-700s will be fitted with Boeing’s latest Performance Improvement Package (PIP), delivering an additional two percent improvement in fuel efficiency, Boeing said. The aircraft will also feature the Boeing Sky Interior, with sculpted sidewalls and window reveals, LED lighting and larger pivoting overhead stowage bins.
“With record passenger numbers in recent years, LAM…understands the value of the 737 as it has already successful utilized the airplane’s capabilities to become a key player in southern Africa,” said Van Rex Gallard, vice president of Sales for Africa, Latin America and the Caribbean, Boeing Commercial Airplanes. “Today’s order for Next-Generation 737-700s will enable LAM…to realize greater efficiencies, improved performance and enhanced passenger comfort, as the airline continues to move forward with its ambitious growth.”
“The development of gas and other hydrocarbon resources, including oil, will have major implications for Mozambique – a strong aviation infrastructure with a modern fleet of Next-Generation 737 jetliners will be of enormous benefit to the people of Mozambique, business travellers and our tourism industry, and will substantially contribute to our economic development,” said Manave.
Based at Maputo International Airport in Mozambique’s capital city, LAM currently operates flights domestically and regionally, across southern Africa with a fleet that currently includes Boeing 737-500s, and other smaller regional aircraft.