Boeing, Air Lease Corporation sign order for eight 737 MAX planes

April 03, 2018
Written by Boeing
Boeing and Air Lease Corporation have announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at US$936.8 million at list prices.

Air Lease Corporation (ALC), one of the world's leading airplane lessors, has been a big buyer of the improved 737 airplane. This new order raises ALC's total 737 MAX orders to 138.

"These aircraft perfectly fit ALC's and our airline lessees' growing need for additional 737 MAX 8 aircraft. Our success in MAX placements to date speaks to the strong market demand for these aircraft," said John Poerschke, Executive Vice President of Air Lease Corporation.

The 737 MAX family is designed to offer customers exceptional performance, with lower operating costs and additional range to open up new destinations. The 737 MAX incorporates the latest CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays and other features to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Boeing has delivered more than 100 737 MAX airplanes to over 20 customers worldwide, including four to ALC, with the fifth delivering in May 2018.

"The ALC team has a great track record of forecasting what airlines want in terms of new airplanes. Their growing commitment to the 737 MAX reflects the strong market demand for this airplane around the world," said Ihssane Mounir, senior vice president, Global Sales & Marketing, The Boeing Company. "We're pleased that ALC is having success with the 737 MAX's capabilities and efficiencies which are critical traits lessors need in their portfolios."

Related items

  • Air China releases 2018 interim results
    Air China Limited at the end of August released results for the first six months of 2018, ended June 30, 2018. This included a revenue increase of approximately 12 per cent to RMB64.2 billion ($12.4 billion) when compared to the corresponding period in 2017. Operating expenses for Air China increased by 12.5 per cent year over year to RMB59.6 billion ($11.5 billion).
  • Transport Canada certifies 90-Seat Q400
    Bombardier Commercial Aircraft’s 90-passenger Q400 aircraft configuration received its certification from Transport Canada. The company explains the certification makes the Q400 the first commercial turboprop in the world to reach a 90-passenger capacity.
  • Swoop releases winter schedule
    Swoop today released its domestic winter schedule covering the period from October 27, 2018, to April 27, 2019. The airline also welcomed its third aircraft for the inaugural flight from Abbotsford International Airport (YXX) to Edmonton International Airport (YEG), departing July 25, 2018, at 7:10 a.m. Service between Edmonton, AB, and Abbotsford, BC, will be offered three-times daily.

Add comment


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

Latest Careers

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.