FARNBOROUGH, United Kingdom,
July 12, 2016 /PRNewswire/
-- Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL)
announced an order for six 737 MAX 8s at the 2016 Farnborough
International Airshow.
Three of the orders are new, and three were previously
attributed to an unidentified customer on the Boeing Orders &
Deliveries website. The order is valued at $660 million at current list
prices.
"ALC already has lease agreements in place with seven different
airlines for 737-8 MAX aircraft out of our Boeing delivery stream,
starting in the fourth quarter of 2017," said Steven F. Udvar-Hazy, Executive Chairman of Air
Lease Corporation. "The addition of more Boeing 737 MAX in our
portfolio undoubtedly provides the economics, innovative
efficiencies, and enhanced passenger experience that our airline
customers are looking for in an aircraft."
With 180 airplanes now on order, ALC has the largest
backlog of any Boeing leasing customer. ALC also has the largest
737 MAX backlog of any leasing customer with 118 orders.
"ALC was one of the first leasing companies to order the 737
MAX, and we appreciate their continued confidence in the airplane,"
said Brad McMullen, vice president
of North America and Leasing
Sales, Boeing Commercial Airplanes. "We're thrilled to see ALC
place the MAX with airlines all over the world."
The 737 MAX is the fastest selling airplane in Boeing history,
with orders now totaling more than 3,200. The airplane incorporates
the latest technology CFM International LEAP-1B engines, Advanced
Technology winglets and other improvements to deliver the highest
efficiency, reliability and passenger comfort in the single-aisle
market. The new single-aisle airplane will deliver 20 percent lower
fuel use than the first Next-Generation 737s and the lowest
operating costs in its class – 8 percent per seat less than its
nearest competitor.
Through the years, ALC has ordered a total of 260 airplanes from
Boeing including 118 737 MAXs, 75 Next-Generation 737-800s, 21
777-300ERs and 46 787 Dreamliners.
About Air Lease Corporation (NYSE: AL)
ALC is an aircraft leasing company based in Los Angeles, California, that has airline
customers throughout the world. ALC and its team of dedicated and
experienced professionals are principally engaged in purchasing
commercial aircraft and leasing them to its airline partners
worldwide through customized aircraft leasing and financing
solutions. For more information, visit ALC's website at
www.airleasecorp.com.
Contact:
Doug Alder
North America and Leasing
Communications
+1 206-660-2978
doug.alder-jr@boeing.com
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SOURCE Boeing