BOEING-AIR LEASE CORPORATION DEAL
The world’s largest aircraft manufacturer Boeing secured a $7.2 billion deal to supply 75 advanced Boeing 737 Max aircraft to Air Lease Corporation (ALC) of the USA at the recently held Farnborough Air Show in the UK. The order includes 60 737 Max 8 and 15 737 Max 9 airplanes with reconfirmation rights for additional 25, 737 Max. This is the first order for the first 737 Max by a leasing company. Boeing’s newest family of aircraft 737 Max incorporates the latesttechnology LEAP-1B engines developed by CFM International to deliver highest efficiency, reliability and passenger comfort in the single-aisle market. The first flight of the Boeing 737 Max is scheduled in 2016 and deliveries are expected to begin in the fourth quarter of 2017.