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 March 27, 2015

News General Dynamics withdraws as T-100 prime contractor General Dynamics Information Systems and Technology has withdrawn itself as the prime contractor on the T-100, the offering for the T-X trainer replacement program based on the Alenia Aermacchi M-346 design.   Business SpaceX’s fight with U.S. Air Force called a clash of perceptions Billionaire Elon Musk’s...
 
 

News Briefs March 27, 2015

Contractor extradited from Iraq pleads guilty in bribes case A man extradited from Iraq in a military contract bribery case has pleaded guilty to three charges in an agreement with federal prosecutors. U.S. District Judge Thomas Rose has scheduled sentencing for July 1 for Metin Atilan. His attorney, Nick Gounaris, says the two sides agreed...
 
 

Ninth Boeing GPS IIF reaches orbit, sends first signals

Boeing Global Positioning System (GPS) IIF satellites are steadily replenishing the orbiting constellation, continuing to improve reliability and accuracy for users around the world. The ninth GPS IIF reached orbit about three hours, 20 minutes after launching today aboard a United Launch Alliance (ULA) Delta IV rocket from Cape Canaveral Air Force Station, Fla., and...
 

 

F-35 Lightning II costs drop, report shows

A recent account of F-35 Lightning II aircraft program costs shows decreases, the Air Force’s F-35 program executive officer told reporters in a media roundtable March 24, 2015. Lt. Gen. Christopher C. Bogdan, citing this year’s selected acquisition report on the aircraft, called the roundtable to clarify cost and performance facts. He also acknowledged the...
 
 
NG-growler2

Northrop Grumman delivers center/aft ‘shipset’ for first international EA-18G Growler

Northrop Grumman photograph Northrop Grumman mechanics perform final quality inspections on the center/aft fuselage shipset produced by the company for the first Australian EA-18G Growler. The subassembly will be delivered to B...
 
 
Navy photograph by Monica McCoy

Navy conducts production acceptance test of Tomahawk missile

Navy photograph by Monica McCoy Members of the Explosive Ordnance Disposal Technology Division team at Naval Surface Warfare Center, Indian Head prepare a Tomahawk missile for a functional ground test at the Large Motor Test Fa...
 




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>