Boeing, Air Lease Corporation Announce Order for Two 787 Dreamliners

• Lessor adds two new 787-9s to its backlog as it continues to expand its 787 customer base for the industry’s most utilized wide-body jet
• Customers have placed more than 250 787 order and commitments this year

LE BOURGET, France, June 21, 2023 – Boeing [NYSE: BA] and Air Lease Corporation (“ALC”) [NYSE: AL] today announced at the Paris Air Show 2023 that the leading global lessor will grow its world class portfolio of airplanes with a purchase of two 787 Dreamliners.

ALC has been a long-standing customer of the 787, placing its first purchase for the 787-9 in 2010. It currently includes the 787-9 and 787-10 in its airplane portfolio.

Since revenue service began in 2011, the 787 family has launched nearly 360 new nonstop routes around the world, over 10 times the number of new route openings compared to other airplanes in the same category. The 787-9 can fly 296 passengers up to 7,565 nautical miles (14,010 km) in a typical two-class configuration.

“ALC is a key strategic leasing partner to Boeing and we are delighted that it continues to see the value proposition of the 787 family for its customers,” said Stan Deal, President and CEO Boeing Commercial Airplanes. “With its unparalleled fuel efficiency, the 787 Dreamliner family is playing a major role in pioneering new routes in the long-haul travel market while reducing fuel use and emissions allowing airlines to meet their sustainability objectives."

Using 25% less fuel and creating 25% fewer emissions than the airplanes they replace, the 787 family has avoided more than 125 billion pounds of carbon emissions since entering service.