Air Lease Corporation places $3.2bn Boeing order

1st Mar 2013
Air Lease Corporation places $3.2bn Boeing order

Boeing and Air Lease Corporation have announced an order today for ten 777-300ERs (extended range) airplanes.

The order, valued at $3.2 billion at current list prices, adds to the growing portfolio of long-haul airplanes for the Los Angeles-based leasing company.

“This order for 777-300ERs will help us meet the growing airline demand for long-haul passenger airplanes,” said John Plueger, president and chief operating officer of Air Lease Corporation.

“These 777-300ERs will enable our customers to grow and modernise their fleets.

“The 777 offers our clients the most economical, fuel-efficient and versatile airplane in the 300-400 seat range, suitable for a variety of profitable missions.”

ALC has ordered 185 airplanes from Boeing including 78 Next-Generation 737s, 80 737 MAXs, 12 787 Dreamliners and 15 777-300ERs.

The leasing company also has reconfirmation rights on 20 additional 737 MAX airplanes.

“Air Lease Corporation has established itself as a leader in the leasing industry by assembling a diverse fleet of modern, economical and fuel efficient airplanes,” said John Wojick, senior vice president of global sales for Boeing Commercial Airplanes.

“With the 777-300ER order, ALC continues to demonstrate confidence in the airplane and the value it provides to its customers.”


Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation