Air Lease, Boeing strike $9.6 billion deal for 737s and 787s

U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order as many as 78 Boeing Co single-aisle and wide-body airplanes in a deal valued at $9.6 billion at list prices. Air Lease told a press briefing at the Farnborough Airshow that three 787-9s and the first 20 737 MAX airplanes in the total deal were firm purchases, while the remaining 55 737 MAX airplanes were provisional commitments. Air Lease said it had flexibility for taking 737 MAX 8 and 9 variants and expected to take delivery between 2020 and 2024, though most of the jetliners would likely be delivered during the latter portion of that time frame.

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