18 June 2019: Boeing and Air Lease Corporation signed an MoU at the Paris Air Show in which ALC will purchase five 787-9 Dreamliners valued at USD 1.5 billion at list prices.
"Demand for reliable, versatile, and fuel-efficient airplanes is at an all-time high," said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation. "These five Boeing 787-9 aircraft are required by our airline customers to satisfy strong ALC lease placements of the 787."
Since its inception, Boeing has sold more than 1,400 Dreamliners thereby making it the fastest-selling widebody jet worldwide.
Some of the salient features of 787 Dreamliner are as follows
- It allows airlines to reduce fuel use and emissions by 20 to 25 percent
- It can fly 296 passengers and 7,635 nautical miles
This combination of unparalled fuel efficiency and long range has helped the airlines to save more than 36 billion pounds of fuel and open more than 235 non-stop routes.
"We are thrilled that ALC has decided to add more 787 Dreamliners to its elite portfolio of airplanes that they place with customers across the globe," said Ihssane Mounir, senior vice president of Commercial Sales and Marketing of The Boeing Company. "I'm confident that the market-leading capabilities of the 787-9 will continue contributing to ALC's long-term success."