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LOT Polish Airlines to lease 15 Boeing planes

Oct. 13, 2016 10:23 AM ETThe Boeing Company (BA) StockBA, LMT, EADSY, EADSF, ALBy: Carl Surran, SA News Editor1 Comment
  • LOT Polish Airlines says it will lease up to 15 Boeing (BA -0.9%) single-aisle planes from Air Lease (AL -3.6%), in the second contract that Poland has awarded U.S. aerospace companies over Airbus (OTCPK:EADSF, OTCPK:EADSY) in as many weeks.
  • The carrier says it will take delivery of two latest-generation 737 Max 8 and four 737-800 NG airplanes next year, with the rest of the deliveries expected by 2020.
  • The deal follows Poland's decision to buy military helicopters from Lockheed Martin (LMT -0.3%) earlier this month after dropping a $3.5B deal to buy 50 Caracal helicopters made by Airbus.

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