Category Archives: Air Lease Corporation

Boeing, Air Lease Corporation announce commitment for five 787-9 Dreamliners

Boeing and Air Lease Corporation (ALC) have announced a commitment during the Paris Air Show to purchase five 787-9 Dreamliners, valued at $1.5 billion at list prices.

Boeing has sold more than 1,400 Dreamliners since the program’s introduction, making it the fastest-selling widebody jet in history. The 787 Dreamliner allows airlines to reduce fuel use and emissions by 20 to 25 percent and serve far-away destinations.

The 787-9, a stretch of the 787-8, can fly 296 passengers 7,635 nautical miles (14,140 km) in addition to carrying more cargo and allowing airlines to profitably grow routes first opened by the 787-8. The combination of unrivaled fuel efficiency and long range has helped airlines flying the 787 family of airplanes save more than 36 billion pounds (16 billion kilograms) of fuel and open more than 235 non-stop routes.

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Boeing, Air Lease Corporation sign order for eight 737 MAX airplanes

(PRNewsfoto/Boeing,Air Lease Corp.)

Boeing and Air Lease Corporation (ALC) announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices.

 

Air Lease Corporation (ALC), one of the world’s leading airplane lessors, has been a big buyer of the improved 737 airplane. This new order raises ALC’s total 737 MAX orders to 138.

 

Boeing has delivered more than 100 737 MAX airplanes to over 20 customers worldwide, including four to ALC, with the fifth delivering in May 2018.

Image: Boeing.

Boeing, Air Lease Corporation finalize order for 12 737 MAXs

Boeing and Air Lease Corporation have finalized an order for 12 737 MAXs first announced at the 2017 Paris Air Show. The agreement also includes two new orders for the 787-9 Dreamliner.

The deal includes five 737 MAX 7s and seven 737 MAX 8s, bringing ALC’s total MAX orders to 130. The leasing company has now ordered a total of 49 Dreamliners.

ALC announces the lease placement of two new Boeing 787-9 Dreamliners with El Al

Air Lease Corporation (ALC) (Los Angeles) has announced an agreement to lease two new Boeing 787-9 Dreamliner aircraft to El Al Israel Airlines (Tel Aviv). Both aircraft are on long-term lease from ALC’s order book with Boeing and are scheduled to be delivered to Israel’s flag carrier airline in the third quarter and early fourth quarter of 2017. These new Boeing 787-9 Dreamliner aircraft will replace older Boeing 747-400s in El Al’s fleet and will be the first two 787s for the airline.

Image: Boeing.

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Air Lease Corporation orders one additional Airbus A350-900 and four A320 Family aircraft

Air Lease A321-200 WL (Flt)(Airbus)(LRW)

Air Lease Corporation (ALC) (Los Angeles) today at the 51st International Paris Air Show announced a firm order for additional Airbus widebody and single-aisle aircraft (1 A350-900, 1 A321ceo and 3 A320ceo).

ALC logo

Including today’s announcement, ALC’s fast growing portfolio of Airbus aircraft stands at a total of 262, of which 66 are widebodies (15 A330ceo, 25 A330neo, 21 A350-900, 5 A350-1000) and 196 are single-aisles (30 A320ceo, 31 A320neo, 26 A321ceo, 109 A321neo).

Image: Airbus. The Airbus A321ceo with Sharklets.

Vietnam Airlines converts eight Boeing 787-9 orders to the larger 787-10

Vietnam 787-9 VN-A861 (14)(Nose)(Vietnam)(LR)

Air Lease Corporation (ALC) (Los Angeles) today (June 15) announced new long term lease contracts with Vietnam Airlines (Hanoi) that converted the formerly contracted eight Boeing 787-9 aircraft to eight new Boeing 787-10s.

Vietnam Airlines logo

 

These aircraft are from ALC’s order book with Boeing and deliveries are scheduled to begin in 2019 and continue through 2021. The Boeing 787-10 Dreamliner will be the largest aircraft in Vietnam Airlines’ fleet.

ALC logo

Copyright Photo: Vietnam Airlines. The airline is getting ready to take delivery of its first Boeing 787-9 Dreamliner (VN-A861, msn 35151), now performing at the Paris Air Show.

Vietnam Airlines aircraft slide show: AG Airline Slide Show

ALC firms up its order for 55 Airbus aircraft

Air Lease A330-900neo (Airbus)(LRW)

Air Lease Corporation (ALC) (Los Angeles), the aircraft leasing company, has firmed up its order for 55 Airbus aircraft, comprising 25 A330-900neo (above) and 30 A321LR (below) aircraft.

ALC was first to sign up for the newest member of Airbus’ market leading widebody family, the A330neo, announcing a commitment for 25 A330-900neo during the launch at the 2014 Farnborough International Airshow. ALC was also the first to commit to the A321LR, the newest variant of the A321neo, after signing a Memorandum of Understanding (MOU) for 30 at the launch in January 2015, increasing its commitment made for 60 A321neo at the 2014 Farnborough Airshow to 90 firm A321neo aircraft.

The A321LR, the latest member of the market leading A320neo Family, will be able to fly longer routes of up to 4,000 nm. The A321LR will provide additional flexibility as it will have the longest range of any single aisle airliner, “making it ideally suited to trans-Atlantic routes and enable airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft. With 206 passengers in a comfortable two-class layout, the A321LR offers the possibility for each passenger to carry up to three bags. First deliveries will start in 2019.” according to Airbus.

Images: Airbus.

Air Lease A321LR (Airbus)(LRW)