Boeing wins American aircraft lessor ALC order for 75 MAX 8s and three 787-9s

July 18, 2018: Boeing has won major order from American aircraft lessor Air Lease Corporation (ALC) for up to 78 Boeing jets, including 75 737 MAX 8s and three 787-9 Dreamliners.

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 finalise them into firm orders.

In total, ALC has now placed orders and commitments for 361 Boeing airplanes since 2010, including 288 737s, 21 777s and 52 787 Dreamliners.

“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-Hazy, executive chairman of Air Lease Corporation.

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

The 737 MAX family is designed to offer operators exceptional performance, including lower operating costs and more range to open up new destinations.

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,600 orders from 100 customers worldwide.

The 787 Dreamliner is a family of super-efficient and long-range airplanes that use 20 percent less fuel than the airplanes it replaces. Since entering service in 2011, the 787 family has allowed airlines to launch more than 180 new nonstop routes around the world.