Air Lease Corporation to Order Up to 60 Boeing 737s

Air Lease Corporation (ALC) is to purchase up to 60 Next-Generation 737-800s. The agreement includes 54 firm orders and six options, with delivery scheduled through 2017.

"We have selected the Boeing Next-Generation 737-800 as a cornerstone of our growing commercial aircraft lease fleet. The 737-800 represents an opportunity for our wide range of airline clients to operate this most economical, fuel efficient and versatile 150-189 passenger airplane, on a wide variety of airline missions profitably," said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. "This order with Boeing will continue this management team's tradition of working closely with Boeing since 1977."

Demand for the Next-Generation 737 has led Boeing to announce two production rate increases, leading to the highest-ever production rates for the airplane by 2012.

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