19 Apr 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787-9 Dreamliner with LOT Polish Airlines

LOS ANGELES, California, April 19, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with LOT (Poland) for a new Boeing 787-9 aircraft with Rolls Royce Trent 1000 engines. The aircraft is from ALC’s order book with Boeing and will deliver in the second quarter of 2018. “We are very pleased to announce this new 787-9 lease placement with LOT. In addition to the six new 737 MAX 8s ALC placed with LOT last year (first delivery November 2017), the Dreamliner offers new efficiencies and an enhanced passenger experience that will better serve their growing route networks,” said Alex Khatibi, Air Lease Corporation’s Executive Vice[...]

Read more...


18 Apr 2017

Air Lease Corporation Announces the Lease Placement of Two New Boeing 737 MAX 8 Aircraft with MIAT Mongolian Airlines

LOS ANGELES, California, April 18, 2017 — Today Air Lease Corporation (NYSE: AL) announced the long term lease placement of two new Boeing 737 MAX 8 aircraft with MIAT Mongolian Airlines. The aircraft are scheduled to deliver from ALC’s order book with Boeing in late 2019 and early 2020. “We are very pleased to announce these new 737 MAX 8 lease placements with MIAT. These aircraft are key additions to MIAT’s fleet as they continue to expand their route network in the region,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia. “These two new 737 MAX 8 aircraft will help serve our mission to connect Mongolia with the[...]

Read more...


27 Mar 2017

Air Lease Corporation Announces Lease Placement of Two New Boeing 787-9 Dreamliners with Air Canada

LOS ANGELES, California, March 27, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Canada for two new Boeing 787-9 aircraft with General Electric engines. "We are pleased to continue to develop our long relationship with Air Canada with the lease of two new Boeing 787-9 aircraft. The first was allocated to Blackbird Capital and acquired in January 2017. The second was delivered on March 24, 2017 and leased from ALC. Both aircraft add to Air Canada's modern state of the art long haul jet fleet, which is one of the youngest in North America," said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.[...]

Read more...


06 Mar 2017

Air Lease Corporation Announces Lease Placement of Seven New Airbus A321neo LR Aircraft with Aer Lingus

LOS ANGELES, California, March 6, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Aer Lingus for seven new Airbus A321neo LR aircraft to operate on transatlantic and other routes. The aircraft are from ALC’s order book with Airbus. "The lease of the A321neo LR aircraft from ALC is the culmination of a long relationship with Aer Lingus. We have seen their long range fleet evolve from Boeing 747s to Airbus A330s to now Airbus A321s. We take great pride in extending our relationship with Aer Lingus. The A321neo LR aircraft leased from ALC will allow Aer Lingus to eventually replace four Boeing 757s, and add more non-stop routes and[...]

Read more...


28 Feb 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Aeromexico

LOS ANGELES, California, February 28, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Aeromexico for one new Boeing 787-9 aircraft with General Electric engines. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in June 2018. "When ALC began in 2010, Aeromexico was our first customer in Latin America. This will be our second new 787-9 on lease to the airline, the first 787-9 delivered in November 2016. The aircraft will be flown primarily on flights between Mexico and Europe and to Asia, replacing a 777-200 being returned to another lessor," said Steven F. Udvar-Hazy, Executive Chairman of Air Lease[...]

Read more...


23 Feb 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Air New Zealand

LOS ANGELES, California, February 23, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Air New Zealand (NZX: AIR; ASX: AIZ) for one new Boeing 787-9 aircraft. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in Q3 2018. "Air New Zealand is one of ALC’s first and longtime cornerstone airline customers. The relationship between Air New Zealand and ALC’s management dates back to transactions involving Lockheed Electras, so we are proud to be part of the evolution of Air New Zealand’s fleet by leasing them a new 787-9,” said Grant Levy, Executive Vice President of Air Lease Corporation. ALC[...]

Read more...


17 Feb 2017

Air Lease Corporation Announces Lease Placement of Two New Airbus A330-900neo Aircraft with Air Mauritius

LOS ANGELES, California, February 17, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Mauritius for two new Airbus A330-900neo aircraft, outfitted with latest-generation Rolls-Royce Trent 7000 engines. The aircraft are from ALC’s order book with Airbus and are scheduled to deliver in September and October 2018. "We are pleased to complete this A330-900 lease transaction with our friends at Air Mauritius. These two new widebody aircraft on lease from ALC will fit into the airline's route network in an ideal manner,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. Forward-Looking Statements This[...]

Read more...


06 Feb 2017

Air Lease Corporation Announces Lease Placement of Five New Boeing 787-9 Dreamliners with China Southern Airlines

LOS ANGELES, California, February 6, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing. Delivery of the aircraft is scheduled to begin in the first quarter of 2019, with three deliveries in 2019 and two deliveries in 2020. “We are pleased to further grow our relationship with one of the premier airlines in China and a long term strategic customer for ALC,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia. ALC currently has Airbus A320s, A321s, and Boeing[...]

Read more...


03 Jan 2017

Sichuan Airlines Signs Agreement to Lease New Airbus A350-900 Aircraft from Air Lease Corporation

LOS ANGELES, January 3, 2017 — Air Lease Corporation (NYSE: AL) announced today the placement of one Airbus A350-900 new technology wide body jet on long term lease to Sichuan Airlines (Chengdu, China). The aircraft will deliver in the first quarter of 2019 from ALC’s order book with Airbus. The A350-900 will be primarily operated across the Pacific, linking major cities in China with USA and Canada. "Sichuan Airlines is a loyal and respected ALC customer that has leased A330-200, A330-300, A319, and A321 aircraft from ALC. Later this year, Sichuan will receive the first A320neo and A321neo leased into China from ALC, also on long term leases and from ALC's order book,"[...]

Read more...


18 Oct 2016

Air Lease Corporation Announces Placements of 12 New Airbus A321neo Aircraft with Vietnam Airlines

LOS ANGELES, October 18, 2016 — Air Lease Corporation (NYSE: AL) announced today the placement of twelve new Airbus A321neo aircraft on long term lease to Vietnam Airlines. Six of the aircraft will deliver in 2018 and six of the aircraft will deliver in 2019, all from ALC’s order book with Airbus. Last year ALC announced long term lease contracts with Vietnam Airlines for eight new Boeing 787-10s, which are scheduled to begin delivering in 2019 and continue through 2021. "Since 2010 ALC has been working closely with the leadership of Vietnam Airlines to develop a long term fleet plan encompassing the most modern and efficient Airbus and Boeing airplanes for the airline.[...]

Read more...


13 Oct 2016

Air Lease Corporation Announces Lease Placement of Six New Boeing 737 MAX 8 Aircraft and the Option to Lease Five Additional 737 MAX 8s with LOT Polish Airlines

LOS ANGELES, October 13, 2016 – Air Lease Corporation (NYSE: AL) announced today the placement of six new 737 MAX 8s with CFM Leap-1B engines on long-term lease to LOT Polish Airlines. In addition to the six firm lease placements, the agreement includes the option to lease five new 737 MAX 8s, to be confirmed by early 2017. All eleven aircraft are from ALC’s order book with Boeing. Delivery of the first two firmly-contracted aircraft will begin in the fourth quarter of 2017, the next two in 2018, one in 2019, and the sixth aircraft will deliver in or before the first quarter of 2020. The optioned aircraft are expected to deliver in 2019 and 2020. “We are very[...]

Read more...


26 Sep 2016

Air Lease Corporation Announces Placements of Six New Airbus A321neo Aircraft with Air Arabia

LOS ANGELES, Sept. 26, 2016 -- Today Air Lease Corporation (NYSE:AL) announced long term lease agreements for six new Airbus A321neo aircraft with Air Arabia (Sharjah, UAE). The aircraft are from ALC’s order book with Airbus, delivering between January and October 2019. “We are delighted to have signed these six new A321neo aircraft leases with our good friends at Air Arabia. These new jets will complement the core A320 family fleet that Air Arabia operates,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “Air Arabia will now be able to expand into new destinations as well as increase capacity on their highest density routes with the most modern[...]

Read more...


20 Sep 2016

Air Lease Corporation Announces Placements of Six New Airbus A321neo Aircraft with Azores Airlines

LOS ANGELES, September 20, 2016 — Today Air Lease Corporation (NYSE: AL) announced that Azores Airlines SATA International (Portugal) has committed to lease six new Airbus A321neo aircraft including four A321LR versions. The CFM Leap 1A engine-powered aircraft from ALC’s order book with Airbus will deliver between the fourth quarter of 2017 and early 2021. By way of an extensive transatlantic network, these aircraft will connect Portugal and Azores to cities in the United States and Canada, including Boston, Oakland, Providence, Toronto and Montreal, in addition to major Western European cities. “The new ALC A321neo aircraft will replace Azores Airlines' A310 fleet and[...]

Read more...


09 Aug 2016

Air Lease Corporation Delivers One New Airbus A321-200 Aircraft to WOW Air

LOS ANGELES, August 9, 2016 – Air Lease Corporation (NYSE: AL) today announces the delivery of one new Airbus A321-200 on long-term lease to WOW air (Iceland). This new A321-200 MSN 7237 is the second of six new A320/A321 family jets leased by WOW air from ALC.“We are very pleased to deliver this new A321-200 to WOW air, a new customer for ALC. We look forward to continuing our successful relationship with their management team as the airline optimizes its fleet for its low cost model,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.“We are thrilled to welcome yet another brand new Airbus A321 to our fast growing fleet and continue to expand our[...]

Read more...


03 Aug 2016

Air Lease Corporation Announces Lease Placement of Two Boeing 737-800s with SpiceJet

LOS ANGELES, August 3, 2016 – Air Lease Corporation (NYSE: AL) announced today the placement of two Boeing 737-800 NG aircraft on long-term lease to SpiceJet (India), delivering in July and August 2016. One of the 737-800s is from ALC’s order book with Boeing and the second is a 2012-built 737-800 with winglets and sky interior. These placements will be ALC’s fourth and fifth 737-800s on long-term lease to SpiceJet. “ALC is very pleased to announce these 737-800 placements with SpiceJet, one of India’s leading low-cost carriers. The 737-800 aircraft offers increased efficiency and enhanced customer comfort, perfectly suited for the airline’s short and medium-haul[...]

Read more...