ALC First Direct Delivery 777-300ER


Courtesy Boeing

SEATTLE /PRNewswire/ — Boeing (NYSE: BA) and Air Lease Corporation (ALC) celebrated the direct delivery of the first of 15 777-300ERs (Extended Range) from its existing order pipeline with the manufacturer. This 777-300ER, the eighth 777 in ALC’s fleet, is one of two delivering to British Airways on long-term lease from the lessor. The second 777-300ER for British Airways is scheduled to deliver from Boeing in July 2014.

“The operational capabilities and versatility of the 777-300ER provide significant profitability potential for our customers,” said ALC Chairman and CEO Steven F. Udvar-Hazy. “With its leading economics and passenger-pleasing interior, this aircraft has maintained a broad customer base year after year and will continue to do so long into the future.”

Udvar-Hazy helped launch the 777-300ER in 2004, and has ordered 94 777s during his career in the industry. This includes 43 777-200ERs, eight 777-300s and 43 777-300ERs – more than any other lessor and the second most of any Boeing customer.

Source Boeing / Edited By Airline Adviser 05/30/14