Industry Air Lease Corporation orders 75 B737 MAX 8s and three B787-9s

ALC´s order consists of 75 Boeing B737 MAX 8 and three B787-9 aircraft. The three B787-9 and the first 20 737 MAX 8s are firm orders, whereas the remaining MAX aircraft are commitments.

The deal was signed over the course of the Farnborough International Airshow 2018 (FIA2018) to satisfy the commercial aviation market demand.

In total, ALC has now committed for or ordered 361 Boeing aircraft since 2010. This includes 288 B737s, 52 B787 Dreamliners and 21 B777s.

Steven Udvar-Házy, Executive Chairman of Air Lease Corporation said: "Demand for reliable, fuel-efficient airplanes is at an all-time high. The capabilities of these new airplanes continue to meet the high expectations of our growing airline customer base."

John Plueger, CEO and President of Air Lease Corporation added: "The economic and operating advantages of the 737 MAX and 787 Dreamliner will provide our airline customers with the competitive advantage they need."

Kevin McAllister, president & CEO of Boeing Commercial Airplanes commented: "This new order by one of the world's leading lessors demonstrates the market-leadership of the 737 MAX and 787 Dreamliner [...] The combination of operational efficiency and unmatched passenger comfort underlines the advantages of the 737 MAX and 787. We are delighted that ALC is adding more Boeing airplanes to their world-class portfolio."

Boeing´s newest aircraft family, the MAX series features a modern cabin, state-of-the-art avionics and enhanced aerodynamics with new winglets. Moreover, the aircraft is more fuel efficient and is more environmentally friendly than its predecessors. ALC´s MAX aircraft are being powered by LEAP-1B engines from CFM International. To date, over 100 customers have ordered 4,600 MAX aircraft.

The Boeing 787 Dreamliner on the other hand is a long-range aircraft. It uses 20 percent less fuel than the aircraft it replaces. The 787 entered service in 2011and allowed airlines to launch over 180 non-stop routes. A total of 1,400 787 have been ordered from 70 worldwide customers.

Air Lease Corporation (ALC) is an American aircraft leasing company, headquartered in Los Angeles, United States. The company was founded back in 2010.