Air Lease, Boeing, finalize $9.4 billion Dreamliner order
Sept. 20, 2013, Los Angeles, Ca. - Air Lease (ALC) has finalized an order for 30 787-10 and three 787-9 Dreamliner aircraft from Boeing in a deal valued at $9.4 billion at list prices.
The order, originally announced at the 2013 Paris Air Show in June, will add more than 180 Boeing airplanes that ALC already has on order, including Next-Generation 737-800s, 777-300ERs 737 MAX 8s and 9s, as well as 787-9s.
Deliveries under the order are scheduled to begin in 2019, and will continue in 2023, ALC said in a regulatory filing.
Boeing Commercial Airplanes president/CEO Ray Conner said ALC would help establish the 787-10 in the airplane leasing market.
"The ALC team has an excellent understanding of its airline customers' requirements and a successful track record placing Boeing airplanes that meet those needs," Conner said.
Boeing has recently completed the first flight of its 787-9 Dreamliner, and is planning to deliver the airplane to the launch customer, Air New Zealand, in mid-2014.
"Boeing's new 787-10 will extend the Dreamliner family, carrying 300-330 passengers up to 7,000nm and providing 25 per cent greater fuel efficiency than aircraft of its size."
The 787-9, which is the second member of the 787 family, is 20 feet longer than the 787-8, and extends the portfolio in both capacity and range.
Boeing's new 787-10 was launched in June, and will extend the Dreamliner family, carrying 300-330 passengers up to 7,000 nautical miles and providing 25 per cent greater fuel efficiency than aircraft of its size.
The B787-10 will be delivered in 2018, with 102 current orders and commitments from five customers.
ALC chairman and CEO Steven Udvar-Hazy added: "The performance characteristics of the 787-10 will build on the 787 family's success in the marketplace by providing the ideal size, capabilities and economical operating costs for medium to long-haul markets."