Air Lease Corp orders 75 737 MAXs

written by | July 10, 2012
The 737 MAX order from Air Lease Corporation is the first from a leasing company. (Boeing)

Boeing and Los Angeles-based Air Lease Corporation announced today a firm order for 60 737 MAX 8 and 15 737 MAX 9 airliners, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a leasing company.

“The 737 MAX is an excellent addition to our portfolio and the ideal complement to our growing fleet of Next-Generation 737-800s,” Steven Udvar-Hazy, chairman and CEO Air Lease Corporation, said in a statement announcing the deal at the Farnborough Airshow. “The 737 MAX represents a step-change improvement that our airline clients need to compete in the future.”

The 737 MAX, a new engine variant of Boeing’s popular single-aisle airliner, is scheduled to begin deliveries in late 2017.


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