Los Angeles-based Air Lease Corporation has ordered 10 more Boeing 777-300ERs. At current list prices, Boeing values the order at $3.2 billion. The leasing...

Los Angeles-based Air Lease Corporation (ALC) has ordered 10 more Boeing 777-300ERs.

At current list prices, Boeing values the new Air Lease Corporation order at $3.2 billion. The leasing company had placed an earlier order for five 777-300ERs.


Los Angeles-based leasing company Air Lease Corporation placed an order on February 28, 2013 for 10 Boeing 777-300ERs. At list prices, Boeing valued the order at $3.2 billion

Los Angeles-based leasing company Air Lease Corporation placed an order on February 28, 2013 for 10 Boeing 777-300ERs. At list prices, Boeing valued the order at $3.2 billion

 

“This order for 777-300ERs will help us meet the growing airline demand for long-haul passenger airplanes,” says John Plueger, president and chief operating officer of Air Lease Corporation.

“These 777-300ERs will enable our customers to grow and modernize their fleets,” adds Plueger. “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 jets from Boeing, including 78 Boeing 737NG single-aisle jets, 80 737 MAXs, 12 Boeing 787s and 15 777-300ERs. The leasing company also has reconfirmation rights on 20 additional 737 MAX jets.

The Boeing 777-300ER carries 386 passengers up to 7,825 nautical miles (14,490 kilometers).

Every 777-300ER is powered by two GE90-115B engines. The GE90-115B is the world’s most powerful commercial jet engine.

A total of 1,072 777s had been delivered through the end of January and 1,441 had been ordered by 66 customers around the globe.