Air Lease Corporation to add Next-Generation 737-800s, 777-300ERs and 787s

Next-Generation 737-800

Today during the Paris Air Show Air Lease Corporation placed its second order with Boeing, announcing it will buy up to 33 airplanes, including Next-Generation 737-800s, 777-300ERs (Extended Range), and 787-9 Dreamliners.

“We continue to build the foundation of our growing commercial lease fleet with these Next-Generation 737s, 777-300ERs and 787 Dreamliners,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation.  “These modern, fuel-efficient airplanes will provide our airline clients the capabilities to perform their missions in the most economical, reliable and environmentally responsible manner.”

“We continue to build the foundation of our growing commercial lease fleet with these Next-Generation 737s, 777-300ERs and 787 Dreamliners,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation.  “These modern, fuel-efficient airplanes will provide our airline clients the capabilities to perform their missions in the most economical, reliable and environmentally responsible manner.”

ALC placed its first Boeing order just last year when the leasing venture, formed in 2010 and led by Udvar-Hazy and President and COO John Plueger, agreed to purchase up to 60 Next-Generation 737-800s.

Today’s agreement calls for 14 firm orders and four options for the 737s as well as five 777s and four 787s. ALC will also exercise options on six airplanes from last year’s order. Boeing will work with ALC to finalize the order. 

“This agreement demonstrates ALC’s disciplined approach to building a fleet of young, high-quality, high-demand airplanes,” said President and CEO Jim Albaugh, Boeing Commercial Airplanes.  “I believe ALC is well-positioned for long-term success in this industry and I look forward to a strong partnership between our two companies.”