ALC announces $1.5 billion commitment to purchase five Boeing 787-9 Dreamliners

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