The Boeing Company and Air Lease Corp. (ALC) announced an order for 10 777-300ERs (extended range) airplanes on Thursday. The order, valued at $3.2 billion at current list prices, adds to the growing portfolio of long-haul airplanes for the Los Angeles-based leasing company.
“This order for 777-300ERs will help us meet the growing airline demand for long-haul passenger airplanes,” said John Plueger, president and chief operating officer of ALC. “These 777-300ERs will enable our customers to grow and modernize their fleets. The 777 offers our clients the most economical, fuel-efficient and versatile airplane in the 300-400 seat range, suitable for a variety of profitable missions.”
ALC has ordered 185 airplanes from Boeing including 78 Next-Generation 737s, 80 737 MAXs, 12 787 Dreamliners and 15 777-300ERs. The leasing company also has reconfirmation rights on 20 additional 737 MAX airplanes.
The twin-engine Boeing 777-300ER can carry 386 passengers up to 7,825 nautical miles. The planes are equipped with GE90-115B engines, the world’s most powerful commercial jet engine. Over 1,000 777s have been delivered through the end of January and a total of 1,441 have been ordered from 66 customers around the globe.
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