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 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 (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 (ALC) has made this announcement:
Air Lease Corporation has announced long-term lease agreements with Caribbean Airlines for four new Boeing 737 MAX 8 aircraft, scheduled to deliver to the airline starting in the fourth quarter of 2019 through 2020.
These four new aircraft will join two Boeing 737-800s (below) currently on lease to Caribbean Airlines from ALC.
Photo: Caribbean Airlines.
Samoa Airways and Air Lease Corporation (ALC) have signed a memorandum of understanding in Apia, for the lease placement of one new Boeing 737 MAX 9 aircraft.
Scheduled for delivery in late March, the aircraft, which will be delivered direct from Boeing in Seattle Washington, will replace the National Carrier’s existing 737-800.
The MOU was signed by the Prime Minister, Honourable Tuilaepa Sailele Malielegaoi, Samoa Airways Chairman Feesago Siaosi Fepuleai and ALC Executive Chairman Steven Hazy.
The airplane will feature the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger overhead stowage bins.
The MAX’s technological advances plus its powerful LEAP-1B engines are redefining the future of efficient and environmentally friendly air travel.
Samoa Airways is set to become the first airline in the South Pacific Region including New Zealand and Australia to operate the new Boeing 737 MAX 9.
The new aircraft will be configured with 16 Business Class seats and 173 seats in Economy Class, and will operate between Apia, Auckland, Sydney and Brisbane.
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:
Air Lease Corporation (ALC) announced today long-term lease agreements for nine Airbus A320-200neo and six Airbus A321-200neo aircraft with Vistara, an Indian full-service airline that is a joint venture of TATA Sons Limited and Singapore Airlines Limited (SIA). The nine A320-200neo aircraft will feature CFM56 LEAP-1A26 engines and will be delivered to Vistara starting in the first quarter of 2021 through 2022. Featuring CFM56 LEAP-1A32 engines, the six A321-200neo aircraft will be delivered to the airline starting the first quarter of 2020 through 2021. All 15 aircraft will be delivered from ALC’s order book with Airbus.
With these 15 A320neo family aircraft and the A320-200’s already leased by ALC to Vistara, ALC is expected to become the lessor with the largest share in Vistara’s fleet as measured by number of aircraft as well as by aircraft value.