ALC Finalizes Order for 30 Boeing 787-10s and 3 787-9 Dreamliners

Air Lease Corporation has finalized an order with Boeing for 30 Boeing 787-10s and three Boeing 787-9 Dreamliners.

The order, valued at $9.4 billion at list prices, fulfills the commitment originally announced during the 2013 Paris Air Show in June.

"We are thrilled to be adding 787-10s and additional 787-9s to our portfolio," said ALC Chairman and CEO Steven Udvar-Hazy. "The performance characteristics of the 787-10 will build on the 787 family's success in the marketplace by providing the ideal size, capabilities and economical operating costs for medium to long-haul markets."

The new 787-10, launched in June 2013, will extend and complement the Dreamliner family, carrying 300 to 330 passengers up to 7,000 nautical miles (12,964 km).

The 787-9 completed its first flight this week and is scheduled for first delivery in mid 2014.

"ALC is an ideal partner to help establish the 787-10 in the airplane leasing market," said Boeing Commercial Airplanes President and CEO Ray Conner. "The ALC team has an excellent understanding of its airline customers' requirements and a successful track record placing Boeing airplanes that meet those needs."

This order for 787-9s and 787-10s adds to the more than 180 Boeing airplanes that ALC already has on order including Next-Generation 737-800s, 737 MAX 8s and 9s, 777-300ERs and 787-9s.

The 787-10, which will deliver in 2018, has 102 orders and commitments from five customers.