Business

Air Lease's order of Boeing 737-8s worth more than $4 billion

SEATTLE - Boeing Co. said Monday that leasing company Air Lease Corp. has confirmed an order for up to 60 new 737-8 jets.

In addition to 54 firm orders valued at over $4 billion according to list prices, the deal includes six additional airplanes to be reconfirmed later.

The order, first announced in July, is for deliveries through 2017. Air Lease, based in Los Angeles, was founded in February. It leases jets to airlines.

Boeing shares fell 85 cents to $65.98 in afternoon trading.

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