Qantas Agrees to Sell 44 Boeing 737NGs and 88 Engines to AerFin

Qantas-AerFin aircraft transfer

Qantas has agreed to sell 44 Boeing 737 Next Generation aircraft and 88 CFM International CFM56-7B engines to UK-based aviation aftermarket specialist AerFin, according to reports published on November 4, 2026. The transaction covers the airframes and engines; the reports do not disclose a purchase price or identify a separate cash payer, cash recipient, or transfer consideration.

The transfer is scheduled to span seven years, with the first aircraft expected to leave Qantas later in 2026. AerFin said the assets are intended to support airline and maintenance, repair and overhaul customers worldwide.

Fleet transition behind the agreement

The 737NGs are being replaced within Qantas’s domestic fleet by Airbus A321XLR aircraft. According to ch-aviation data cited in the November 4 report, Qantas had received seven A321XLRs and was awaiting 41 more.

Qantas Domestic CEO Markus Svensson said the agreement allows the airline to plan the retirement of most of its 737 fleet while retaining flexibility to adjust timing as replacement aircraft arrive. He also said the 737s would continue operating for years alongside Qantas’s growing next-generation fleet.

Delivery expectations and aftermarket use

Qantas expects to receive up to 24 new aircraft this year, according to the reports. That expectation was separate from the 44 737NG aircraft being transferred to AerFin and did not establish a specific number of replacement aircraft to be delivered during the seven-year withdrawal period.

AerFin plans to use the aircraft and engines to supply aircraft material and aftermarket solutions. The reports identified the CFM56-7B engines as commercial assets available for use and spares, but did not provide transaction values, unit economics or guaranteed demand for the aftermarket products.