Economics

Boeing Nears First Deal With Lessor for 737 MAX Jet

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Boeing Co. may be poised to win the first order by a lessor for its 737 MAX jet as Steven Udvar-Hazy’s Air Lease Corp. considers whether to buy as many as 100 of the new single-aisle planes.

Performance guarantees and “economic parameters” are still under discussion, Udvar-Hazy, Air Lease’s founder and chief executive officer, said in an interview in Beijing at the annual meeting of the International Air Transport Association. Air Lease is studying a deal for 60 to 100 jets, he said.