Category Archives: ALC

Air Lease Corporation Announce (ALC) orders two Boeing 787 Dreamliners

Boeing and Air Lease Corporation (ALC) have announced at the Paris Air Show 2023 that the leading global lessor will grow its world-class portfolio of airplanes with a purchase of two 787 Dreamliners.

ALC has been a long-standing 787 customer, placing its first purchase for the 787-9 in 2010. Its airplane portfolio currently includes the 787-9 and 787-10.

Since revenue service began in 2011, the 787 family has launched nearly 360 new nonstop routes around the world, more than 10 times as many new routes as other jets in the same category. The 787-9 can fly 296 passengers up to 7,565 nautical miles (14,010 km) in a typical two-class configuration.

ALC leases 5 new Airbus A321-200XLR aircraft to LATAM Airlines

Air Lease Corporation (ALC) has announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.

The aircraft are scheduled to deliver to LATAM starting in fall 2025 through 2026 from ALC’s order book with Airbus.

Air Lease Corporation adds 32 Boeing 737 MAX jets to its orderbook

Boeing and Air Lease Corp. (ALC) today announced the aircraft lessor is expanding its airplane portfolio with an order for 32 additional 737-8 and 737-9 jets. As the travel market recovers, ALC is increasing its 737 MAX family offering to meet airline demand for modern, fuel-efficient and sustainable operations.

ALC continues to grow its investment in the 737 MAX family. In February the lessor added 18 737 MAXs to its portfolio. With the new order, ALC has 130 737 MAXs in its backlog.

ALC order for 111 Airbus aircraft launches Sustainability Fund

Air Lease Corporation (ALC) has signed a Letter of Intent (LoI) covering all Airbus Families, highlighting the power of the company’s full product range. The agreement is for 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and includes seven A350Fs. The order which will be finalised in the coming months, makes the Los Angeles based ALC one of Airbus’ largest customers and lessor with the biggest A220 order book. Founded in 2010, ALC has ordered a total of 496 Airbus aircraft to date.

ALC leases ten used Airbus A320s to Allegiant Air

Air Lease Corporation (ALC) announced on July 28 long-term lease placements for ten used Airbus A320-200 aircraft with Allegiant.

The aircraft are scheduled to be delivered to the airline beginning in the Fall 2021 through Summer 2022.

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.

Air Lease Corporation announces lease placement of two new Airbus A320neo and two new A321neo LR aircraft with Peach

Air Lease Corporation announced today long-term lease placements for two new Airbus A320neo and two new Airbus A321neo LR aircraft with Peach Aviation Limited (Japan).

The four new Airbus aircraft are scheduled to deliver to Peach starting in 2020 through 2022 from ALC’s order book with Airbus.

In related news, Peach Aviation Limited announced the conclusion of a contract to install the LEAP-1A engine manufactured by CFM International to power a total of ten aircraft – eight of which are the Airbus A320neo model while the other two are A321LR middle-haul models – from fiscal 2020.

These LEAP-1A engines are projected to boost fuel efficiency by 15% compared to existing versions, while also bolstering comfort by reducing noise. This latest engine also enables us to curtail our nitrogen oxide (NO x) and Carbon dioxide (CO2) emissions.

The CFM56 manufactured by CFM is currently mounted on Peach’s A320ceo aircraft. The recent adoption of the LEAP-1A engine for our A320neo and A321LR planes marks our second engine type to be adopted from CFM.

Air Lease Corporation to order 100 aircraft, including the new A321XLR

Air Lease Corporation (ALC), the Los Angeles-based aircraft leasing company, has signed a Letter of Intent (LOI) for 100 Airbus aircraft, including for the first time 50 A220-300s and 27 A321XLRs. The agreement also includes an incremental order for an additional 23 A321neos.

Founded in 2010, this latest order takes ALC’s cumulative orders to 387 Airbus aircraft, making it Airbus’ third largest lessor customer.

The A220 is the only aircraft purpose built for the 100-150 seat market; it delivers unbeatable fuel efficiency and widebody passenger comfort in a single-aisle aircraft. The A220 brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20 percent lower fuel burn per seat compared to previous generation aircraft. The A220 offers the performance of larger single-aisle aircraft.

With an order book of 536 aircraft at the end of May 2019, the A220 has all the credentials to win the lion’s share of the 100- to 150-seat aircraft market estimated to represent at least 7,000 aircraft over the next 20 years.

Air Lease Corporation announces lease placement of two new Airbus A321neo aircraft with Air Macau

Air Lease Corporation (ALC) today has announced a long-term lease agreement for two new Airbus A321neo aircraft with Air Macau.

Featuring Pratt & Whitney PW1133G engines, the aircraft will deliver from ALC’s order book with Airbus in November 2019 and the first quarter of 2020.

Air Macau Route Map:

Boeing, Air Lease Corporation announce orders and commitments for 78 Boeing jets

Boeing and Air Lease Corporation (ALC) today announced orders and commitments for up to 78 Boeing airplanes, including 75 737 MAX 8s and three 787-9 Dreamliners, at the 2018 Farnborough International Airshow.

The order, valued at $9.6 billion at current list prices, expands ALC’s 737 MAX portfolio to 213 jets. The three 787-9s and the first 20 737 MAX airplanes of the order are firm purchases. The subsequent 55 737 MAX airplanes are commitments until both companies finalize them into firm orders.