Air Lease Corporation Orders 78 Boeing Jets Valued at $9.6 Billion

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Boeing and Air Lease Corporation  announced orders and commitments for up to 78 Boeing airplanes, 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.

“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 Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.

“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.” said Kevin McAllister, president & CEO of Boeing Commercial Airplanes.

Source: Boeing Press Release