US aircraft leasing firm Air Lease said Monday it has bought eight new Boeing 787-9 Dreamliner aircraft to lease to Vietnam Airlines.
Air Lease buys 8 Boeing 787s for Vietnam Airlines., Photo: AFP
Financial details of the purchase were not revealed. The catalog value of the planes is $1.8 billion.
"Deliveries of the eight 787-9 'Dreamliner' aircraft are scheduled for 2017 and 2018. This transaction marks ALC's longest lead time for a lease placement to date," Air Lease Corporation said in a statement.
Built largely with lightweight composite materials, Boeing says the Dreamliner is about 20 percent more fuel efficient than similarly sized aircraft and is the first mid-size airplane capable of flying long-range routes.
Boeing delivered the first 787 to launch customer All Nippon Airways last September, three years behind schedule.
The 787-9 is a slightly bigger version of the 787-8.
ALC, co-founded in 2010 by aviation pioneer Steven Udvar-Hazy and John Plueger, also announced the purchase of a Boeing 777-300 extended range aircraft from Macquarie Aviation for a long-term lease to Emirates, a new customer.
In addition, the company unveiled a clutch of new aircraft leases, to KLM, Sichuan Airlines and LAM airlines.
"These global lease placements demonstrate the growth of our widebody business in Asia, the addition of Emirates to our customer base, our increasing level of business with KLM, as well as our further expansion into proven carriers in Southern Africa such as LAM," said John Plueger, president and chief operating officer, in a statement.
The latest 787-9 order brings to 12 the number purchased by the Los Angeles-based firm. ALC bought four at the Paris Air Show in June.
The ALC announcement came as The Wall Street Journal reported the company was near to clinching a mega deal with Boeing to buy 60 of the planned 737 MAX aircraft, citing people familiar with the talks.
The 60 planes have a list price of roughly $5.7 billion.
An ALC spokesman confirmed to AFP the company was in negotiations with Boeing.
The Chicago-based Boeing, the world's biggest aerospace and defense company, launched the updated 737 -- powered by a more fuel-efficient engine -- last August.
Boeing's decision to offer its best-selling 737 with a new engine, rather than building an all-new aircraft, was seen as forced by the competition from the Airbus A320neo.
Boeing says it has more than 1,000 orders and commitments for the 737 MAX, which is still in the design phase. The first deliveries are scheduled in 2017.
|< Prev||Next >|
» Vietnam's taekwondo team hopes for gold in Myanmar
» PISA tests makes MOET surprised, students proud and embarrassed
» Not accelerate 4G development in Vietnam: Minister
Latest Category Posts
- WTO makes trade negotiation breakthrough at Bali meeting
- Mexican firms turn to Vietnamese market
- Malaysia's exports expected to grow 2.9 percent in 2013
- TPP ministerial meeting opens in Singapore
- Corporate responsibility needs a boost
- State Bank leaves interest rates unchanged
- PM: HCM City must achieve macro-economic stability
- Exporters to face more anti-dumping lawsuits
- Vietnamese remittances to reach 10.6 bln USD this year
- Singaporean firm to buy stake in local food processor
Random Category Picks
Popular Category Posts
- Over 4,700 enterprises in HCM City resume operation
- The South Korean’s battle on Vietnamese land
- French businesses hails Vietnam’s investment environment
- The South Korean wave in Vietnam
- Exporters get support to enter EU market
- FDI sector lifts up hardware industry
- Vietnam may cut down rice land to increase incomes for farmers
- MoIT asked to rethink hydro-power plants
- A lot of FDI enterprises declare huge losses
- Four firms in HCM City face thorough inspection after salary theft scam
- More FDI flows into science-technology
- Buying debts enables foreigners entering VN property market
- Minimum wage increase decision makes businesses dumbstruck
- Restoring order in shrimp material export: An urgent need
- Ornamental fish make profit splash
- Showpiece casino lacking investors
- Hue reopens upgraded airport
- Consumers choose the cheaper option
- National economy grows by 5.14% in 9 months
- Vermont welcomes VN investors to seize opportunities