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Air Lease Corporation order 78 Boeing aircraft #FIA18

Leasing company Air Lease Corporation (ALC) has announced on day two of the 2018 Farnborough Airshow orders and commitments for 75 737 MAX 8s and three 787-9 Dreamliners.

The order is valued at $9.6 billion at current list prices. 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.

ALC has now placed orders and commitments for 361 Boeing airplanes since 2010, including 288 737s, 21 777s and 52 787 Dreamliners.

Steven Udvar-Házy, Executive Chairman, Air Lease Corporation
“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,”

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

Kevin McAllister, President & CEO, Boeing Commercial Airplanes
“This new order by one of the world’s leading lessors demonstrates the market-leadership of the 737 MAX and 787 Dreamliner, The combination of operational efficiency and unmatched passenger comfort underlines the advantages of the 737 MAX and 787. We are delighted that ALC is adding more Boeing airplanes to their world-class portfolio.”

About Vedant Agarwal

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