FIA18: Air Lease Corporation pens orders and commitment for 78 Boeing aircraft

posted on 17th July 2018 by Justin Burns
FIA18: Air Lease Corporation pens orders and commitment for 78 Boeing aircraft

Aircraft lessor Air Lease Corporation today announced orders and commitments for up to 78 Boeing aircraft, including 75 737 MAX 8s and three 787-9 Dreamliners, at the 2018 Farnborough International Airshow.

The order, valued at $9.6 billion at current list prices, expands ALC’s 737 MAX portfolio to 213 jets. The three 787-9s and the first 20 737 MAX airplanes of the order are firm purchases. The subsequent 55 737 MAX airplanes are commitments until both companies finalize them into firm orders.

In total, the aircraft leasing company has now placed orders and commitments for 361 Boeing airplanes since 2010, including 288 737s, 21 777s and 52 787 Dreamliners.

“Demand for reliable, fuel-efficient airplanes is at an all-time high. The capabilities of these new airplanes continue to meet the high expectations of our growing airline customer base,” said Air Lease Corporation executive chairman, , Steven Udvar-Házy.

Air Lease Corporation chief executive officer and president, John Plueger added, “The economic and operating advantages of the 737 MAX and 787 Dreamliner will provide our airline customers with the competitive advantage they need.”