Thu, Jul 22, 2010
Air Lease Corporation Signs Agreement For Up To 60
Next-Generation 737s
What seems to be a near-frenzy of orders for airliners
continued Tuesday with the announcement by Boeing that the new
leasing company Air Lease Corporation (ALC) will purchase up to 60
Next-Generation 737-800s.
The agreement includes 54 firm orders and six options, with
delivery scheduled through 2017.
"We have selected the Boeing Next-Generation 737-800 as a
cornerstone of our growing commercial aircraft lease fleet. The
737-800 represents an opportunity for our wide range of airline
clients to operate this most economical, fuel efficient and
versatile 150-189 passenger airplane, on a wide variety of airline
missions profitably," said Steven F. Udvar-Hazy, chairman and CEO
of Air Lease Corporation. "This order with Boeing will continue
this management team's tradition of working closely with Boeing
since 1977."
"It is impressive that only five months after launching Air
Lease Corporation in February, they are placing an order for 60
Next-Generation 737s," said Jim Albaugh, president and CEO, Boeing
Commercial Airplanes. "The Air Lease Corporation team has a proven
track record in global aircraft leasing - with great leaders in
Steve Hazy and John Plueger. They are well positioned for
success."
The Next-Generation 737 family is the world's best-selling
airplane because of continued airline confidence in its ability to
deliver outstanding, dependable operational and financial
performance across the widest wide range of missions.
Demand for the Next-Generation 737 has led Boeing to announce
two production rate increases, leading to the highest-ever
production rates for the airplane by 2012.
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