The order was previously announced as a commitment at the 2017 Paris Air Show in June.
The new 737 MAX 8s are the first directly purchased airplanes for JIA and will help bolster the lessor’s growing fleet of next-generation aircraft.
“We are excited to introduce the new 737 MAX 8 airplane into our single-aisle fleet and we are confident that this airplane will diversify our operating lease portfolio in the years ahead,” said Naoto Shiraiwa, president and CEO of JIA. “The 737 MAX will provide us with a stronger competitive advantage in providing our future airline clients with reliable airplanes that make sense economically.”