On Monday, July 9, 2012, Los Angeles-based Air Lease Corporation (NYSE: AL) and The Boeing Company (NYSE: BA) will commemorate an order for 75 737 MAX aircraft by ringing the NYSE Opening Bell remotely from the Farnborough International Air Show, the year's premier global aviation event. This marks the first time the bell has ever been rung from the UK.|
Air Lease Corporation Chairman and CEO Steven F. Udvar-Házy and President and COO John L. Plueger with Boeing Commercial Airplanes President and CEO Raymond Conner will ring The Opening BellSM, alongside members of both company's management teams.
Watch the video of the ringing.
Earlier today ALC announced a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a leasing company.
This is the second time that Air Lease Corporation will participate in the Opening Bell ceremony. The first occasion was on April 19, 2011, the day the company's stock began trading on the NYSE.
The Farnborough International Airshow takes place every other year for one week in July, this year the 9th through 15th, at the Farnborough Airport just outside London. In 2010, $47 billion worth of aircraft orders were announced during the show.
About Air Lease Corporation (NYSE: AL)
Air Lease Corporation is an aircraft leasing company based in Los Angeles, California that has customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website atwww.airleasecorp.com.