• Order for 17 737s with options for three additional airplanes

Seattle, WA | February 12, 2015– Boeing [NYSE:BA] and Transavia Company, a wholly owned subsidiary of the Air France KLM Group, today announced an order for 17 Next-Generation 737-800s, including options for three additional airplanes. The order, valued at $1.6 billion at current list prices, was previously booked and attributed to an unidentified customer on the Boeing Orders & Deliveries website.

The order will significantly support the growth of Transavia’s operations from France and the Netherlands. The airline currently has a combined all-Boeing fleet of 45 Next-Generation 737s.

“We have grown to become one of the leading low cost carriers in France and the Netherlands by effectively utilizing the unrivalled economics and unmatched reliability of the Next-Generation 737,” said Bram Graber, CEO, Transavia Company. “This latest order will provide us with a solid platform to grow our business, while offering our passengers outstanding value and comfort.”

“Through its growing Dutch and French operations, Transavia has provided European holiday makers with exceptional value due to the efficiencies it has been able to harness from its fleet of Next-Generation 737s,” said Todd Nelp, vice president of European Sales, Boeing Commercial Airplanes. “Transavia has been operating 737s since the mid-1970s and it is a testament to the outstanding qualities of the 737 family that four decades of this airplane will remain the backbone of its fleet in the years to come.”

The 737-800 is the best-selling version of the highly successful Next-Generation 737 family, the most technologically advanced airplanes in the single-aisle market. The Next-Generation 737’s market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class. The Next-Generation 737 has accumulated more than 6,800 orders from customers worldwide.

Transavia Company has six bases, with Amsterdam’s Schiphol Airport and Paris-Orly Airport as its main hubs, serving 110 destinations in Europe and North Africa. Passenger numbers reached 10 million in 2014.

– Next-Generation 737-800 first of 12 on order
– Japan Airlines to operate the airplane

Seattle, WA | June 8, 2012 /PRNewswire/– Boeing [NYSE: BA] and Avolon celebrated today the first direct-order airplane delivery to the Dublin-based leasing company. Avolon took delivery of the first of 12 Next-Generation 737-800s ordered in December 2009.

The airplane will be operated by Avolon’s airline customer, Japan Airlines.

“We are pleased to take delivery of the first of twelve new Next-Generation 737-800s from Boeing,” said John Higgins, President and Chief Commercial Officer of Avolon. “Key to delivering enhanced profitability for our lessees is selecting high-performance aircraft with superior fuel economy. Having a forward delivery stream of new aircraft, coupled with our industry leading sale and leaseback and other aircraft financing capabilities, provides our customers with a fully-rounded service offering.”

The 737-800 is the best-selling version of the successful Next-Generation 737 family. Known for its reliability, fuel efficiency and economical performance, the 737-800 is selected by leading carriers throughout the world because it provides operators the flexibility to serve a wide range of markets. The singe-aisle jetliner, which can seat 162 passengers in dual class and up to 189 passengers, can fly 285 nautical miles (530 kilometers) farther and consume seven percent less fuel while carrying 12 more passengers than the competing model.

“We have been looking forward to delivering this airplane to Avolon, a lessor led by a team of highly experienced industry professionals,” said Bill Collins, vice president of Leasing Sales for Commercial Airplanes. “With this Next-Generation 737 and those on order, Avolon has a strong foundation for successful growth.”
Avolon has 11 more Next-Generation 737-800s remaining on order.

– Next-Generation 737-800 to be cornerstone of ALC’s fleet portfolio
– Airplane to be operated by Korean Air

SEATTLE, WA | June 4, 2012 /PRNewswire/ — Boeing (NYSE: BA) celebrated today its first new airplane delivery to Air Lease Corporation (ALC) from their order placed during the 2010 Farnborough Air Show. The Los Angeles-based leasing company took delivery of a Next-Generation 737-800, which will be leased from ALC and operated by Korean Air.

“This delivery is another major step in ALC’s mission to help our airline clients modernize and grow their fleets,” said John L. Plueger, President and Chief Operating Officer of Air Lease Corporation. “The Boeing Next-Generation 737-800 is a cornerstone of our growing commercial aircraft fleet because it provides our airline customers with the most economical, fuel efficient and versatile 162 -189 seat passenger airplane in the market.”

The 737-800 is the best-selling version of the successful Next-Generation 737 family. Known for its reliability, fuel efficiency and economical performance, the 737-800 is selected by leading carriers throughout the world because it provides operators the flexibility to serve a wide range of markets.

“Today’s delivery marks another milestone in our long-term partnership with Air Lease Corporation,” said Bill Collins, Vice President of Leasing Sales for Boeing Commercial Airplanes. “We are committed to supporting ALC’s growth by delivering the airplanes and services that its airline customers need to be successful.”

ALC has 94 airplanes remaining on order including 77 737-800s, five 777-300ERs (Extended Range) and 12 787-9 Dreamliners.

– ALC To Take Delivery Of Four 787-9 Dreamliners, Four Next-Generation 737-800s
– Order Valued AT More Than $1.2 Billion At List Prices

Seattle, WA | December 8, 2011 — Boeing (NYSE: BA) and Air Lease Corporation (ALC) have finalized an order for four 787-9 Dreamliners. ALC also exercised options for four Next-Generation 737-800s. The order, with a list-price value of more than $1.2 billion, marks the completion of an agreement announced during the Paris Air Show in June.

“This order is a continuation of Air Lease Corporation’s disciplined approach to building its fleet,” said Ray Conner, senior vice president for Sales and Customer Support for Boeing Commercial Airplanes. “Air Lease Corporation has positioned itself for success since starting business early last year. These 787-9 Dreamliners and 737-800s support its strategy of establishing a fleet of young, high-quality, high-demand airplanes for its airline customers.”

The airplanes join the 74 Next-Generation 737-800s and five 777-300ER (Extended Range) airplanes that ALC currently has on order.

“This order will continue to diversify our portfolio of efficient airplanes for our airline customers,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “The 787-9, with its increased size and range, will provide our customers the ability to serve more cities with the lowest possible cost per seat.”

The Boeing 787-9 Dreamliner is a slightly larger version of the 787-8 and will carry 250-290 passengers on routes of 8,000 to 8,500 nautical miles (14,800 to 15,750 kilometers). The 787 provides airlines with incredible fuel efficiency, resulting in exceptional environmental performance. The airplane uses 20 percent less fuel than today’s similarly sized airplanes. It also will travel at a speed of March 0.85, which is similar to the speed of today’s fastest wide-body airplanes.

“Air Lease Corporation’s order helps establish the 787-9 Dreamliner in the leasing market,” said Bill Collins, vice president of Leasing Sales for Boeing Commercial Airplanes. “It also builds on the continued market success of this airplane.”

The order increases the number of 787-9s on order to 270 airplanes from customers located all over the world. The 787 Dreamliner family, including the 787-8 and 787-9, has accumulated a total of 825 orders.

Order Has List-Price Value Of $2.5 Billion

SEATTLE, Aug. 15, 2011 /PRNewswire/ — Boeing (NYSE: BA) and Air Lease Corporation (ALC) have finalized an order for 14 Next-Generation 737-800s, with options for four more, and five 777-300ER (extended range) airplanes. It was previously posted on the Boeing Orders & Deliveries website, attributed to an unidentified customer.

The order marks the completion of part of an agreement announced during the Paris Air Show in June. At list prices, the order is valued at $2.5 billion.

“This order for Next-Generation 737-800s and 777-300ERs is a key building block in the foundation of our growing commercial leasing fleet,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “With this order, we’ll be able to offer our clients a most economical, fuel-efficient and versatile airplane, suitable for a variety of profitable missions.”
The Next-Generation 737 family is the world’s best-selling airplane, consistently delivering outstanding operational and financial performance across the widest range of missions. This order builds on ALC’s existing backlog of 60 Next-Generation 737-800s.

The 777-300ER is the world’s largest long-range twin-engine jetliner, capable of carrying 365 passengers up to 7,930 nautical miles (14,685 kilometers). To date 34 customers around the world have ordered more than 500 777-300ERs.

“We thank Air Lease Corporation for its confidence in the Next-Generation 737-800 and 777-300ER,” said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. “Air Lease Corporation’s management team has positioned itself well for success and we are committed to supporting its growth by delivering the best airplanes and services.”

Boeing and ALC continue working to finalize an agreement for the purchase of four 787-9 Dreamliners, also announced at the Paris Air Show, at which time the 787 order will be posted to the Boeing Orders & Deliveries website.

Agreement For Up To 24 Next-Generation 737-800s, Five 777-300ERs and Four 787-9 Dreamliners

LE BOURGET, France, June 20, 2011 /PRNewswire/ — Boeing (NYSE: BA) announced today at the Paris Air Show that Air Lease Corporation (ALC) will purchase up to 33 airplanes. The agreement calls for 14 firm orders and four options for Next-Generation 737-800s, as well as five 777-300ERs (Extended Range) and four 787-9 Dreamliners. ALC also agrees to exercise options on six airplanes from last year’s 60 737-800 order.

Boeing looks forward to finalizing the details of the agreement, at which time it will be posted to the Boeing Orders & Deliveries website.
“We continue to build the foundation of our growing commercial lease fleet with these Next-Generation 737s, 777-300ERs and 787 Dreamliners,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease Corporation. “These modern, fuel-efficient airplanes will provide our airline clients the capabilities to perform their missions in the most economical, reliable and environmentally responsible manner.”
The Next-Generation 737 family is the world’s best-selling airplane because of its ability to deliver outstanding, dependable operational and financial performance across the widest wide range of missions.

The 777-300ER extends the 777 family’s span of capabilities carrying 365 passengers up to 7,930 nautical miles (14,685 km). The 787-9 will seat 250-290 passengers, 16 percent more than the 787-8, with a range of 8,000 to 8,500 nautical miles (14,800 to 15,750 km).
“Air Lease Corporation’s management team has a proven track record in global airplane leasing,” said President and CEO Jim Albaugh, Boeing Commercial Airplanes. “This agreement demonstrates their disciplined approach to building a fleet of young, high-quality, high-demand airplanes. It is impressive how Air Lease Corporation has positioned itself for success since starting business early last year.”

Futuristic Aircraft Cabin Modernizes Onboard Customer Experience

SEATTLE, May 24, 2011 –- Boeing [NYSE: BA] delivered to American Airlines today its first Next-Generation 737-800 featuring the all-new Boeing Sky Interior (BSI). The new aircraft marks a major milestone in American’s commitment to improving and modernizing the customer experience through the execution of its fleet renewal plan.

The Boeing Sky Interior is designed to increase customer comfort onboard and is an important part of American’s ongoing initiative to modernize the look-and-feel of its 737 fleet interiors. The 737-800 BSI aircraft are a strategic part of American’s commitment to invest in products and services that make the travel experience more contemporary and innovative for customers.
Between 2007 and 2011, American Airlines expects to invest more than $5.5 billion in new aircraft and onboard and facility enhancement projects to improve the customer experience.

“American Airlines has made a significant investment to enrich the flying experience for our customers through the purchase of new aircraft and the refurbishment of our existing fleet,” said Virasb Vahidi, American’s Chief Commercial Officer. “At American, we are focused on providing a differentiated customer experience, with a distinct focus on best delivering what premium customers value most – world-class products and services. The delivery of the first 737-800 with the new Boeing Sky Interior is our most recent step to deliver on this commitment.”

The new 737-800 BSI interior offers several unique features, including larger overhead bins – modeled after the 787 Dreamliner’s pivoting bins – that pivot down and out. The innovative design allows the bins to hold 48 more bags than standard overhead bins and four more than current non-BSI aircraft with larger bins. Sculpted sidewalls provide customers with a contemporary feeling of spaciousness and updated window reveals make the windows appear larger. Brighter and longer-lasting LED lighting can be programmed to create different effects during the flight such as a soft blue sky overhead. Intuitive placement of switches and call buttons and improved sound quality are innovative features that will enhance the customer experience. Additionally, the new 737s offer 16 First Class seats and 144 in Economy Class for a total of 160 seats on each aircraft.

“This new airplane will be a great addition to American Airlines existing 737 fleet,” said Marlin Dailey, vice president of Sales and Marketing for Boeing Commercial Airplanes. “American Airlines is leveraging all the performance benefits of the Next-Generation 737 to enhance the its competitive position, while providing a new, more comfortable and inviting interior.”

As part of its fleet renewal plan, American began taking delivery of new Boeing 737-800s without BSI in April 2009. The airline received 31 737-800s in 2009, 45 in 2010 and plans to receive 15 in 2011, 28 in 2012 and 11 in 2013.

To provide consistency within the travel experience and further elevate customer comfort onboard, American is updating its existing fleet of Boeing 737s to match the new deliveries without the BSI feature. The interior renovations include the installation of new customized First and Economy Class seats, new cabin interiors, updated inflight entertainment systems and bigger overhead bins to provide more storage throughout the aircraft. American is also updating the interior of its 757 fleet, which will include a new look-and-feel throughout the cabin. Both projects are being handled in-house by American employees at the airline’s Maintenance & Engineering base located in Tulsa, Okla.
Watch a video of American Airlines effort to upgrade the interiors of their Next-Generation 737 fleet here: http://www.boeing.com/Features/2010/06/bca_american_airlines_06_28_10.html

In addition to the enhancements to its 737 planes, American has several fleet renewal efforts already under way. These initiatives highlight the multiple steps American Airlines has taken the past several years to continue investing in its future while it sharpens its focus on modernizing and improving the customer experience through various efforts – including, notably, execution of its fleet renewal plan. They include:
· MD-80 Retirement: The 737 deliveries are designed to replace the MD-80 fleet with more passenger-friendly, fuel-efficient aircraft – lessening the impact on the environment. American intends to retire at least 25 MD-80s in 2011, as part of the company’s plan to continue renewing its fleet, while addressing the current fuel environment. In fact, a 737-800 will burn 35 percent less fuel than an MD-80 on a seat-mile basis.
· 757 Domestic Retrofit: In August 2010, American began enhancing its domestic fleet of 106 Boeing 757-200s with the installation of customized First and Economy Class seats, bigger overhead storage bins and updated inflight entertainment throughout the aircraft. Two additional First Class seats are being added to each 757 aircraft, for a total of 24 seats in the First Class cabin.
· 787-9 Dreamliner: Entering into a purchase agreement with Boeing to acquire an initial 42 of the 787-9 Dreamliner aircraft, with the right to purchase up to 58 additional 787s.
· 777-300ERs: American has five 777-300ERs that are scheduled for delivery in 2012 and 2013, including two additional aircraft for which options were recently exercised. These 777-300ERs will complement American’s fleet, offering additional network flexibility in the future, and providing increased efficiency due to better seat mile economics and performance characteristics.