ALC finalises Boeing 737 MAX 8 order

By April 4, 2018 January 16th, 2020 General News

Air Lease Corporation (ALC) has finalised an order with Boeing for eight more 737 MAX 8 narrow-body aircraft, valued at US$936.8 million at list prices.

“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. This new order raises ALC’s total 737 MAX orders to 138.

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

Ihssane Mounir, senior vice-president, global sales & marketing, The Boeing Company, said: “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.”

Mounir continued: “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.”