Air Lease Corporation (ALC) has announced a commitment to purchase five Boeing 787-9 Dreamliners, valued at $1.5 billion at list prices.
"Demand for reliable, versatile, and fuel-efficient airplanes is at an all-time high," said Steven Udvar-Házy, 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."
The 787-9, a stretch of the 787-8, can fly 296 passengers 7,635 nautical miles (14,140 km) in addition to carrying more cargo and allowing airlines to profitably grow routes first opened by the 787-8.
"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.