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Summit Funding Group

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Summit Funding

Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.

Contact: Richard Ross - 513.489.1222
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Boeing (BA) Secures 12 737 MAX Jets Order from Air Lease

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By Zacks Equity Research

Aircraft giant, The Boeing Company BA , has finalized an order for delivering 12 737 MAX airplanes to Air Lease Corporation (AL). Although details of the contract have been revealed recently, the order was announced during the Paris Air Show.

The deal comprises order for five 737 MAX 7s and seven 737 MAX 8s. It also includes two new orders for the 787-9 Dreamliner.

Notably, with this order Los Angeles, CA-based Air Lease Corporation's total MAX orders reaches 130, and Dreamliner order reaches 49.

As a member of the Next-Generation 737 family, the 737-800, continues to be an extremely popular single-aisle aircraft. This is because of its advanced technology and low operation as well as maintenance costs.

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