Icelandair (FI) has increased its commitment to the B737 MAX, by firming an order for 16 aircraft, up from its initial indication that it would take a dozen. The airline has effectively converted 4 of the 12 purchase rights it had negotiated as part of a tentative agreement signed last December, adding 3 B737-9 and another B737-8. Under the revised agreement, FI will take 9 B737-8 and 7 B737-9. The company says it still has 8 purchase rights along with the firm orders, The aircraft will be delivered in 2018-21. All members of the B737 MAX family will be powered by CFM International Leap-1B engines. Icelandair Group says the purchase price is confidential, but puts the list price for the 16 firm jets at $1.6 billion. It will configure its B737-8 with 153 seats, and its -9 with 172. (Boeing Newsletter & Flightglobal & ATW & SpeedNews & Just4airlines, February13th / AviTrader, February14th 2013).