19 Sep 2018

Air Lease Corporation Announces Delivery of Boeing 787-9 Aircraft with Air New Zealand

LOS ANGELES, September 19, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced today the delivery of one new Boeing 787-9 aircraft on long-term lease to Air New Zealand from ALC’s order book with Boeing.  “ALC is delighted to announce this Boeing 787-9 delivery to Air New Zealand,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC is proud to continue its long excellent relationship with Air New Zealand by leasing this new B787-9 aircraft which will be an instrumental aircraft in Air New Zealand’s ongoing fleet evolution and modernization to maintain its status as a leading global airline.” Air New Zealand currently has Airbus[...]

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10 Sep 2018

Air Lease Corporation Announces the Placement of Boeing 787-9 with Neos

LOS ANGELES, September 10, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced a long-term lease agreement for one new Boeing 787-9 aircraft on lease to Neos (Italy). The aircraft will deliver in Q4 2019 from ALC’s order book with Boeing.  “Air Lease is very pleased to be delivering one of our new Boeing 787-9 Dreamliners to Neos in Italy later next year.  This is part of Neos’ fleet upgrade from Boeing 767s to the latest technology B787s, which will allow Neos to serve their Intercontinental destinations in the Americas, Asia and Africa more efficiently, with the most economical twin-aisle aircraft.  We have a long relationship with the owners[...]

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17 Jul 2018

Air Lease Corporation Announces Lease Placement of Four Boeing 737-8 MAX Aircraft with Belavia-Belarusian Airlines

FARNBOROUGH, United Kingdom, July 17, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced today long-term lease agreements with Belavia-Belarusian Airlines for four new CFM LEAP-1B25-powered Boeing 737-8 MAX aircraft scheduled for delivery in 2019 and 2020. The first aircraft will deliver from ALC’s order book with Boeing in May 2019. “ALC is pleased to announce this placement with Belavia at Farnborough International Airshow today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The advance technologies in the MAX 8 aircraft will provide a new level of efficiency and comfort to Belavia’s customers, and we look forward to continuing[...]

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27 Jun 2018

Air Lease Corporation Announces Delivery of Boeing 787-9 Aircraft with LOT Polish Airlines

LOS ANGELES, June 27, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Boeing 787-9 aircraft on lease to LOT Polish Airlines. This Boeing aircraft joins three B737-8 MAX aircraft currently on lease to LOT from ALC, with an additional three B737-8 MAX aircraft confirmed to deliver in 2018 and 2019 from ALC’s order book with Boeing.  “We are pleased to announce the delivery of this Boeing 787-9 aircraft to LOT today,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.  “LOT is a pioneer in the European market and with this new 787-9 Dreamliner, the airline continues to demonstrate its highly competitive[...]

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26 Jun 2018

Air Lease Corporation Announces Delivery of Airbus A321-200neo Aircraft with S7 Airlines

LOS ANGELES, June 26, 2018 - Today Air Lease Corporation (NYSE: AL; “ALC”) announced that S7 Airlines received its first new Airbus A321-200neo aircraft. This aircraft is the first of four Pratt & Whitney PW1133G-powered A321neos to be delivered in 2018 to S7 from ALC’s order book with Airbus.   “The four new ALC A321neo aircraft bring a new level of operating efficiency and competitiveness to S7’s fleet,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.  “S7 is a highly regarded customer for ALC and this lease placement underlines our commitment to S7’s modernization and continued successful growth as a leading airline.”[...]

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20 Jun 2018

Air Lease Corporation Announces Lease Placement of Two Airbus A320-200neo Aircraft with SAS

LOS ANGELES, June 20, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced long-term lease agreements with SAS for two new CFM LEAP-1A26-powered Airbus A320-200neo aircraft scheduled for delivery in November 2019 and April 2020. “We are pleased to announce this new lease placement with SAS,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC looks forward to building our long-term relationship with SAS as they continue to add new aircraft to modernize their fleet and grow their network, as well as maximize their competitive advantage in the market.” Marc Baer, Air Lease Corporation’s Executive Vice President added, “ALC expects[...]

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25 May 2018

Boeing 737 MAX 8 joins Sunwing Fleet; inaugural flight Seattle-Toronto brings first of four aircraft home

SOURCE: Sunwing Airlines TORONTO, May 25, 2018 (GLOBE NEWSWIRE) -- Sunwing Airlines today announced the delivery of their first brand-new Boeing 737 MAX 8 aircraft. The aircraft is the first of four new Boeing 737 MAX 8 aircraft acquired by North America’s largest vertically integrated travel company as part of a lease agreement concluded with Air Lease Corporation (NYSE:AL) in late 2014. The $350 million deal also included the acquisition of two further Boeing 737-800 aircraft. The second Boeing 737 MAX 8 aircraft will be delivered the following week, with the remaining two 737 MAX planes anticipated to be delivered in 2019. “The 737 MAX 8 aircraft is an integral part of[...]

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17 May 2018

Air Lease Corporation Announces Delivery of Boeing 737 MAX 8 Aircraft with Travel Service

LOS ANGELES, May 17, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Boeing 737 MAX 8 aircraft on lease to Travel Service (SmartWings). This aircraft is the first of two 737 MAX 8 aircraft scheduled for delivery to Travel Service, with the next aircraft delivering in 2019.  “We are delighted to deliver a new 737 MAX to Travel Service today,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.  “Travel Service’s high service standards coupled with their fleet upgrade to the MAX will bring their customer experience and network development to the next level.” Forward-Looking Statements This press release[...]

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09 Apr 2018

Air Lease Corporation Announces Lease Placement of Airbus A330-900neo with Hi Fly

LOS ANGELES, April 9, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced a medium-term lease agreement with Hi Fly (Portugal) for one Rolls-Royce Trent 7000-powered Airbus A330-900neo aircraft. The aircraft is scheduled to deliver from ALC’s order book with Airbus in June 2019.    “ALC is pleased to announce this A330-900neo lease placement with Hi Fly, a new customer for the ALC family,” said Marc Baer, Executive Vice President of Air Lease Corporation.  “The investment in additional A330-900neo aircraft is in line with Hi Fly’s interest to maintain a modern and versatile fleet to stay competitive in the market.” The new Airbus[...]

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28 Feb 2018

Air Lease Corporation Announces the Placement of Two Airbus A320-200s with IndiGo

LOS ANGELES, February 28, 2018 – Air Lease Corporation (NYSE: AL) announced lease agreements for two IAE V2527-powered Airbus A320-200s with IndiGo, India’s largest passenger airline by market share. Both aircraft are scheduled to deliver in Q3 2018. “We are pleased to announce these two A320-200 lease placements with IndiGo, a new customer for ALC,” said Kishore Korde, Executive Vice President of Air Lease Corporation.  “IndiGo has become the benchmark that many other leading low-cost airlines measure themselves against.  India is a very high growth airline market and ALC is pleased to contribute to the dynamic development of airline expansion in India with[...]

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12 Feb 2018

Air Lease Corporation Announces the Placement of Airbus A320-200neo with Atlantic Airways

LOS ANGELES, February 12, 2018 - Air Lease Corporation (NYSE: AL) announced a long term lease agreement for one Airbus A320-200neo with Atlantic Airways, the national airline of the Faroe Islands.  The aircraft will deliver in March 2019 from ALC’s order book with Airbus.  “We are very pleased to announce this new lease placement with Atlantic Airways, a new customer for ALC,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “Atlantic Airways connects the Faroe Islands in the North Atlantic with multiple destinations in Scandinavia and a growing route network in Europe.  The A320neo will help add capacity and efficiency to[...]

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22 Jan 2018

Air Lease Corporation Announces the Placement of Two New Airbus A321-200s with Frontier Airlines

LOS ANGELES, January 22, 2018 - Air Lease Corporation (NYSE: AL) announced long term lease agreements with Frontier Airlines, an ultra-low-cost carrier based in the United States, for two new Airbus A321-200s. These aircraft are from ALC’s order book with Airbus and will deliver in the fourth quarter of 2018.  This agreement follows two new A320-200s delivered from ALC to the airline in 2016. “We are pleased to announce these two additional A321-200 lease placements with Frontier Airlines. We look forward to a long-term relationship with Frontier as they continue to add new Airbus aircraft to modernize their expanding fleet and grow their network,” said Steven F.[...]

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21 Dec 2017

Air Lease Corporation Announces the Lease Placement of Two Boeing 737-800 Aircraft with FlyEgypt

LOS ANGELES, California, December 21, 2017 – Today Air Lease Corporation (NYSE: AL) announced the long term lease placement of two Boeing 737-800 aircraft with FlyEgypt (Cairo).  The first of the two aircraft delivered in December 2017, and the second is scheduled to deliver in January 2018. “We are very pleased to announce these two 737-800 lease placements with our new customer FlyEgypt. These aircraft are key additions to FlyEgypt’s fleet as they continue to execute their fleet development plan while operating from and to under-served beautiful tourist attractions and resorts in the region,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.[...]

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14 Dec 2017

Air Lease Corporation Announces Delivery of Azores Airlines’ First A321neo

LOS ANGELES, December 14, 2017 – Today Air Lease Corporation (NYSE: AL) (ALC) announced that Azores Airlines SATA International (Portugal) received its first new Airbus A321neo aircraft.  This aircraft is the first of six CFM Leap 1A engine-powered A321neos to be delivered to Azores Airlines from ALC’s order book with Airbus.  The next five A321neos will deliver between now and early 2021. The airline, fully owned by SATA (Sociedade Açoreana de Transportes Aéreos) becomes the first Portuguese operator to receive a member of the best-selling A320neo Family.  By way of an extensive transatlantic network, these aircraft will connect Portugal and Azores to cities[...]

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01 Dec 2017

Air Lease Corporation takes Delivery of its First new Boeing 737 MAX

First of Six New Boeing 737 MAX 8 Aircraft leased to LOT Polish Airlines First 737 MAX to operate in Central & East Europe LOS ANGELES, California, December 1, 2017 – Air Lease Corporation (NYSE: AL) (ALC) announced today the delivery of its first Boeing 737 MAX in Seattle, Washington.  The aircraft, a Boeing 737 MAX 8, is the first of six 737 MAX 8 aircraft on long term lease to LOT Polish Airlines from ALC’s order book with Boeing.  This event also marks the first Boeing 737 MAX to operate in Central & East Europe, as well as the first 737 MAX aircraft in LOT Polish Airlines’ fleet.  Since inception, ALC has purchased and delivered 75 new 737-800s and[...]

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