Air Lease Corporation Announce 777-300ER, 737 MAX 8 Order

By Airline Adviser | July 27, 2014

FARNBOROUGH, United Kingdom, /PRNewswire/ — Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL) announced an order for 26 airplanes – six 777-300ER (Extended Range) and reconfirmed 20 737 MAX 8 airplanes, valued at $3.9 billion at current list prices.

This 737 MAX order for 20 airplanes, valued at more than $2 billion at current list prices, brings Air Lease Corporation’s combined orders for the 737 MAX to 104 airplanes. The 777-300ER order, valued at more than $1.9 billion at current list prices, marks the 100th 777 order from ALC Chairman and CEO Steven Udvar-Hazy during his career in the industry.

“Additional 777-300ER and 737 MAX airplanes in our portfolio provide the economics and passenger-pleasing experiences our airline customers require,” said Hazy. “The 777 has maintained a broad customer base and will continue to do so well into the future. The 737 MAX represents game changing efficiencies and improvements for the environment in the single-aisle market.”

Source Boeing / Edited By Airline Adviser 07/27/14

Posted in Air Lease Corporation, Airline Adviser, Boeing