Say hello to Boeing's newest airliner — the 737 Max (BA)

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Boeing recently rolled out the first completed 737 Max 8 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 airplane 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 revolutionize short- to medium-range air travel. Upon its debut, the original 737 was dubbed the "baby Boeing."

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The 737 offered airlines a capable and reliable aircraft at a much lower price than Boeing's larger and more expensive 707 and 727 models — perfect for short routes between cities.

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In the late 1970s, Boeing developed a generation of 737 jets called the "Classic Series." These jets offered more range and seating capacity. In addition, the Classic Series was offered with the new CFM56 turbofan engines, which provided greatly improved fuel economy and power.

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In 1997, Boeing introduced a further upgraded series of 737 called the "737 Next Generation."

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Equipped with updated avionics, a full-glass cockpit, and fuel-saving winglets, these are the 737s we see in service today.

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With competition from the Airbus A320 at a fever pitch, Boeing has launched the latest generation of the venerable jet, called the 737 Max.

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The 737 Max will compete against Airbus' new A320neo.

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The first 737 Max rolled out of the production hangar on November 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.

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With the less-than-successful sales run of the latest 747 jumbo jet and ...

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... the rocky rollout of the 787 Dreamliner, ...

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.... the on-time and thus-far trouble-free arrival of the new 737 is refreshing.

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To create the Max, Boeing made significant changes to the existing 737.

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