ALC Orders 10 Boeing 777-300ERs

Air Lease Corp. (ALC) placed an order for 10 Boeing 777-300ERs, valued at $3.2 billion according to current list prices.

The aircraft leasing company said the order will enable it to meet growing demand for long-haul passenger airplanes from its customers.

ALC recently announced long term lease agreements with Air New Zealand for two new 777-300ERs scheduled for delivery in 2014.

Boeing did not announce a scheduled delivery date for ALC's 777s. More