Mozambique’s flagship airline LAM invests US$225 million in three Boeing 737 aircraft

15 May 2014

Buying three new Boeing 737 Next Generation aircraft will cost Mozambican flagship airline Linhas Aéreas de Moçambique (LAM) US$225 million, the airline said as it signed the purchase agreement with US aircraft manufacturer Boeing.

Marlene Manave, director for the state airline, said that acquisition of the three aircraft was part of LAM’s strategic plan to 2018, which includes expanding its routes to Addis Ababa (Ethiopia), Lusaka (Zambia), Mumbai (India) and Dubai (United Arab Emirates).

The 737 Next Generation da Boeing, which has a flying range of seven hours, is more efficient than previous models in terms of fuel consumption and lower maintenance costs and is a “good partner” for the two Embraer 190 aircraft that LAM operates, according to João Miguel Santos, Boeing’s commercial representative.

The aircraft are scheduled for delivery by 2017 according to the contract, but Boeing plans to deliver the first airplane within a year.

The Lam fleet is currently made up of two Embraer 190 aircraft (94 passengers each), a Boeing 737-500 (116 passengers), three Bombardier Q400s (74 passengers each) and an Embraer 145 (36 passengers), as well as Embraer turbo-prop aircraft operated by subsidiary Mozambique Express. (macauhub/MZ)