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Farnborough: ALC Orders 75 737 MAX and Three 787 Aircraft

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Farnborough: ALC Orders 75 737 MAX and Three 787 Aircraft

Farnborough: ALC Orders 75 737 MAX and Three 787 Aircraft
July 17
07:12 2018

FARNBOROUGH — Air Lease Corporation (ALC) announced orders and commitments for 75 Boeing 737 MAX and three Boeing 787 Dreamliner aircraft at Day 2 of the Farnborough Airshow on Tuesday.

The order is valued at $9.6 billion at list prices. Large customers such as ALC tend to receive large discounts off of bulk orders, however.

READ MORE: Farnborough: Belavia to Lease 4 737 MAX 8s From ALC

The announcement brings ALC’s total Boeing 737 MAX portfolio to 213 aircraft and comes just minutes after announcing a deal that assigned four 737 MAX aircraft to Belavia Belarusian Airlines.

Of the 75 737 MAXs ordered, 20 units of the aircraft are firm orders along with the three 787 Dreamliners. The other 55 737 MAX aircraft are commitments.

READ MORE: Farnborough: Unnamed US Airline Orders 60 A220s

“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.

READ MORE: Farnborough: Boeing Forecasts Demand for 42,730 Aircraft Over 20 Years

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

READ MORE: Farnborough: Day 1 Recap

Kevin McAllister, president & CEO of Boeing Commercial Airplanes, shared:

“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.”

READ MORE: Farnborough: GOL Orders 15 Boeing 737 MAX 8s; Converts to MAX 10

Since 2010, ALC has placed orders and commitments for 288 737s, 21 777s and 52 787 Dreamliners.

Airways is LIVE at the Farnborough Airshow 2018. Follow our rolling coverage on Twitter at @AIRWAYSLIVE and @AIRWAYSMAGAZINE.

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Benjamin Bearup

Benjamin Bearup

Aviation journalist from Atlanta, Georgia. Business student at the University of Georgia with a passion for aviation business management. ben@airwaysmag.com @TheAviationBeat

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