WestJet Sold 27 Boeing 737-700s But Will Keep Flying 17 Of Them As The MAX 10 Slips

WestJet is entering the first phase of exiting its Boeing 737-700 Next Generation fleet. The carrier plans a sale-and-leaseback arrangement for the 27 aircraft with FTAI Aviation, a New York-based financier.

The move comes as WestJet adjusts its fleet strategy amid broader market pressures, including a 25% decline in transborder traffic to the United States and a slower pace in renewing its aircraft lineup. The 737-700s will be phased out as part of this financial transition.

The forthcoming replacement for the 737-700s remains tied to the 737 MAX 10 program, which is expected to succeed the older narrowbodies. The timing and specifics of the MAX 10 rollout are not detailed in the material.

This report notes that the sale-and-leaseback is being used as a cash-raising measure to support ongoing operational and strategic needs while the airline reassesses its fleet renewal plan. No information is provided about individual aircraft outcomes, losses, or other operational details.