Boeing just rolled out the first completed 737MAX8 airliner at its assembly facility in Renton, Washington. The company’s next generation single-aisle airliner was presented at a ceremony in front of several thousand Boeing employees.
Over the years, the 737 family has become the bestselling airliner in the history of commercial aviation with more than 13,000 aircraft sold since 1965. It is arguably Boeing’s bread-and-butter model.
“Today marks another in a long series of milestones that our team has achieved on time, per plan, together,” Boeing vice president Keith Leverkuhn said in a statement. “With the rollout of the new 737 MAX — the first new aeroplane of Boeing’s second century — our team is upholding an incredible legacy while taking the 737 to the next level of performance.”
Since its introduction in 1967, Boeing's 737 has helped revolutionise short-to-medium range air travel. Upon its debut, the original 737 was dubbed the 'baby Boeing.'
With competition from the Airbus A320 at a fever pitch, Boeing has launched the latest generation of the venerable jet, called the 737MAX.
The first 737MAX rolled out of the production hangar on Nov. 30 before heading to the paint shop. According to Boeing, the jet met the company's production deadline, which was set more than four years ago.
Boeing claims the 737MAX's new wing tips reduce fuel consumption by 1.8%, compared to the current generation's wings.
Although the passenger cabin of the first MAX is filled with the flight-testing equipment, planes pulling passenger duty will feature Boeing's 'Sky Interior.'
The Boeing 737MAX series will range from the smaller, 149-seat MAX7 to the 220-seat MAX9. The jet that debuted this week is a 189-seat MAX8.
The second and third 737 MAX aircraft are currently working their way down Boeing's Renton production line.
Currently, Boeing has nearly 3,000 orders on the books for the 737MAX. At 2015 prices, the smaller MAX7 starts at $90.2 million per plane, while the MAX9 starts at $116.6 million.
NOW WATCH: Executive Life videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.