Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL) announced today 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.”
“We are honored to work with ALC and their excellent record of placing new 777s and 737 MAX airplanes with leading airlines around the world,” said Boeing Commercial Airplanes president and CEO Ray Conner. “The efficiency, reliability and cabin amenities of Boeing products enable ALC to provide the right products to compete now and in the future.”
Boeing press release
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