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.”