Tuesday, July 15, 2014

Boeing wins plane orders from US leasing groups


US aircraft maker Boeing said on Tuesday that it had won a number of orders for its passenger planes from American leasing companies potentially worth a total of about $10.0 billion.

Air Lease Corporation has ordered 26 Boeing jets in a deal valued at $3.9 billion (2.9 billion euros), the companies announced on the second day of the Farnborough airshow near London.

Air Lease is buying six long-haul 777-300ER jets and has confirmed an order for 20 single-aisle 737 MAX 8 planes.

"Additional 777-300ER and 737 MAX airplanes in our portfolio provide the economics and passenger-pleasing experiences our airline customers require," said Air Lease chief executive Steven Udvar-Hazy.

"The 777 has maintained a broad customer base and will continue to do so well into the future. The 737 MAX represents game changing efficiencies and improvements for the environment in the single-aisle market," he added.

Boeing added that US lessor CIT had ordered 10 787-9 Dreamliners, valued at $2.5 billion at current list prices.

"These aircraft will add to our growing fleet of fuel efficient aircraft that remain in high demand from our airline customers, who also seek state-of-the-art aircraft that provide increased comfort and convenience for the travelling public," said Jeff Knittel, president of CIT Transportation & International Finance.

Intrepid Aviation meanwhile ordered six 777-300ERs and has an option to buy four more in a deal totalling about $3.2 billion, Boeing said on Tuesday.

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