Los Angeles-based Air Lease Corp. (ALC) signed a memorandum of understanding (MOU) to order five 737 Boeing MAX 7s and seven 737 MAX 8s. The 12 CFM International LEAP-1B-powered 737 MAXs would bring ALC’s 737 MAX order book to 130 aircraft. “We are placing them rapidly,” ALC president and CEO John Plueger said. The five MAX 7s and seven MAX 8s are collectively valued at $1.2 billion at list prices. Aaron Karp aaron.karp@penton.com

Subscribe to Access this Entire Article

"Air Lease Corp. adds 12 more 737 MAXs" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.