Business

July 9, 2012

Boeing, Air Lease Corporation announce order for 75 737 MAXs

Boeing and Air Lease Corporation announced July 9 a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs.

The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a leasing company.

“The 737 MAX is an excellent addition to our portfolio and the ideal complement to our growing fleet of Next-Generation 737-800s,” said Steven Udvar-Hazy, chairman and CEO of Air Lease Corporation. “The 737 MAX represents a step-change improvement that our airline clients need to compete in the future.”

The 737 MAX is a new-engine variant of the world’s best selling airplane and builds on the strengths of today’s Next-Generation 737. The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Airlines operating the 737 MAX will see a 13 percent fuel burn improvement over today’s most fuel efficient single-aisle airplanes and an eight percent operating cost per seat advantage over tomorrow’s competition.

“This 737 MAX order continues ALC’s disciplined approach to building its young, fuel-efficient fleet,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The ALC leadership team has an excellent record of placing Boeing airplanes with airlines worldwide. They are an ideal partner to help establish the 737 MAX in the leasing market.”

The ALC order builds on the continued market success of the 737 MAX. To date, the 737 MAX has orders and commitments for more than 1,000 airplanes.

ALC has ordered a total of 170 airplanes from Boeing including 75 737 MAX, 78 Next-Generation 737-800s, five 777-300ERs (Extended Range) and 12 787-9 Dreamliners.

ALC is an aircraft leasing company based in Los Angeles, Calif., that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines August 18, 2014

News: U.S. mission in Iraq could expand, Pentagon official says - The mission for U.S. troops in Iraq to help Kurdish and Iraqi security forces in their fight against Islamic militants remains limited for now, but may expand after Iraqi leaders form a new government, a Pentagon spokesman said Aug. 19.   Business: Fuel deals top...
 
 

News Briefs August 20, 2014

Trials complete on fourth Coast Guard cutter Ingalls Shipbuilding in Pascagoula, Miss., has completed acceptance sea trials for the company’s fourth U.S. Coast Guard national security cutter, Hamilton. Jim French, Ingalls’ NSC program manager, tells The Mississippi Press) the Hamilton is scheduled to be delivered next month and commissioned on Dec. 6 in Charleston, South...
 
 
Army photograph by Sgt. Thomas Duval

Air Force, Army Aviation come together to complete vital mission in Egypt

Army photograph by Sgt. Thomas Duval Soldiers and airmen load a UH-60 Black Hawk into an Air Force C17 Globemaster III Aug. 19, 2104, at an old Israeli airstrip in the Sinai Peninsula of Egypt. The airstrip is now used by the M...
 

 
Air Force photograph by TSgt. Terri Praden

Joint effort validates ability to move Stryker vehicles via air

Air Force photograph by TSgt. Terri Praden An Army Stryker combat vehicle is guided into a C-17 Globemaster III during a 25th Infantry Division training exercise Aug. 13, 2014, at Joint Base Pearl Harbor-Hickam, Hawaii. The Str...
 
 
NASA image

Ozone-depleting compound persists, NASA research shows

NASA image Satellites observed the largest ozone hole over Antarctica in 2006. Purple and blue represent areas of low ozone concentrations in the atmosphere; yellow and red are areas of higher concentrations. NASA research show...
 
 

F-16V completes major capability milestone

The newest configuration of the F-16 Fighting Falcon, the F-16V, has reached a major capability milestone with the integration of a new Active Electronically Scanned Array radar. Completing this milestone on schedule demonstrates our ability to meet program commitments, said Roderick McLean, vice president and general manager of the F-16/F-22 Integrated Fighter Group at Lockheed...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>