Wed, May 02, 2012
Draft Orders From The Leasing Company Worth About $6 Billion
Industry sources are saying that Air Lease is one of Boeing's as-yet-unnamed buyers for the re-engined 737 MAX airplane to the tune of about $6 billion.
Reuters reports that the leasing company is set to acquire 60 of the latest version of the workhorse 737, but the orders are not yet firm. The sources asked not to be named because final details of the deal is still being worked out.
The deal will possibly be announced in July at the Farnborough Air Show. The Wall Street Journal says that the deal is close to completion. The move comes despite criticism from Air Lease CEO Steven Udvar-Hazy for both Boeing and Airbus for re-engining their single aisle jets rather than completely redesigning them.
Speaking of the re-engined A320neo ... Air Lease also has a pending provisional order for 36 of the upgraded Airbus airliners, and will likely order 16 more in January of next year.
As If We Didn’t Have Enough to Do, Another Critical Challenge Demands Our Full Attention It has been a brutal few weeks… starting with the loss of our dear friend, Bob>[...]
Two Years After Tragedy, The Program Proves It Still Has The Right Stuff The newest SpaceShipTwo has flown free for the first time. According to the Virgin Galactic crew, "Our new >[...]
Proposal Runs Afoul Of Federal Authority Over The Nation’s Airspace... The Academy of Model Aeronautics (AMA) sent a letter to the Orlando City Council in opposition to a pro>[...]
"This represents culmination of many years of hard work and perseverance by the team here in the USA and back at base in Germany too, we’re literally over the moon.” So>[...]
The FAA Has Granted Type Certification To AutoGyro For Its Factory-Built Calidus Aircraft It seems we hear a lot about new FAA type certification of airliners and corporate jets, b>[...]