ILFC Takes Jets In Deal Worth $2.7 Billion List

Boeing announced Monday that International Lease Finance Corp. (ILFC) has placed a firm order for 20 787 Dreamliners with options for four more -- bringing Boeing's order book on the new medium-range airliner to 309, including options.

The order, valued at approximately $2.7 billion at list prices, is the first announced on the 787 by a leasing company. ILFC's orders were previously acknowledged on the Boeing Web site, although at the time they were attributed to an unidentified customer.

"The 787 will meet the demand we expect from our airline customers for the breakthrough passenger comforts and operating efficiencies of the Dreamliner," said Steven F. Udvar-Hazy, chairman and chief executive officer - ILFC.  "This also adds the newest member of the Boeing product line to our fleet, building on our nearly 30-year partnership with Boeing as the largest lessor of Boeing airplanes."

ILFC, which has ordered 698 Boeing jets since 1977, has placed a wide range of Boeing planes with airlines around the world.

"This is a great day for the 787 and our partnership with ILFC," said Boeing Commercial Airplanes President and CEO Alan Mulally. "To have this leading global lessor choose the 787 is a bellwether endorsement for the industry and for the passenger appeal of our newest airplane."

FMI: www.boeing.com, www.ilfc.com