ILFC Sets Big Boeing Order

The deal is worth $8.8 billion at list prices.
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Boeing

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finalized a deal to sell 63 airplanes, worth $8.8 billion at list prices, to International Lease Finance Corp.

ILFC will expand its fleet with a new order for 50 additional 787 Dreamliners, the first of which will arrive in 2010. Additional airplanes will be delivered through 2017. The order also includes 10 next-generation 737s.

Additionally, Boeing and ILFC disclosed an order booked earlier this year exercising options for two 787-8 Dreamliners and one 777-300ER for delivery in early 2009. The order had been listed on Boeing's Web site and attributed to an unidentified customer.

ILFC is now the largest customer of the 787 Dreamliner to date, with 74 airplanes on order. ILFC leases and remarkets commercial jet aircraft to airlines around the world, and it owns a portfolio valued at more than $48 billion, consisting of about 900 planes.