Category Archives: Air Lease Corporation

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.

Advertisements

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.

AG Read the Real WAN

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)

Airbus officially launches the Airbus A321neo with a MOU from Air Lease Corporation

Air Lease A321neo (Airbus)(LRW)

Airbus (Toulouse) has officially launched the A321neo with 97 ton Maximum Take Off Weight (MTOW) having secured the first commitment from Air Lease Corporation (ALC). The Los Angeles based lessor signed a Memorandum of Understanding (MOU) for 30 more A321neo, upsizing its commitments at the 2014 Farnborough Airshow from 60 to 90 and becoming the launch customer for Airbus’ increased range option.

ALC logo

According to Airbus, “The A321neo 97 ton version will have, with 4,000 nm, the longest range of any single aisle airliner available today and tomorrow, making it ideally suited to trans-Atlantic routes and will allow airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft.”

Under the assumption that ALC’s MOUs for 30 A321neo aircraft plus 25 A330neo Family become firm orders, ALC’s total orders for Airbus aircraft would stand at 258 (53 A320ceo Family, 140 A320neo Family, 15 A330 Family, 25 A350 XWB Family and 25 A330neo Family).

According to Airbus, “The A321 97 ton variant is building on the continued innovations brought to the A320 Family with Airbus Cabin-Flex (ACF), which offers passengers the highest standards of comfort while providing great flexibility and profit optimization to airlines. Thanks to an additional fuel tank in the forward underfloor hold of the aircraft, as well as minor improvements on the wing and fuselage, the A321neo 97t will be able to fly 206 passengers on longer routes of up to 4,000 nm in a comfortable two-class layout. First deliveries will have started by 2019.

The newest member of the best-selling A320 Family, the A320neo, incorporates new generation engines and Sharklets which together will deliver 20 percent in fuel savings by 2020. At the end of December 2014, firm orders for the NEO reached over 3,600 aircraft from 70 customers.”

Image: Airbus.

KLM leases two additional Boeing 777-300 ERs from Air Lease Corporation

Air Lease Corporation (Los Angeles) has announced long term lease agreements with KLM Royal Dutch Airlines (Amsterdam) for two additional new Boeing 777-300 ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300 ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016, all from ALC’s order book.

Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 777-306 ER PH-BVK (msn 42172) of KLM taxies at the Amsterdam base.

KLM: AG Slide Show