Tag: ALC

Air Lease Corporation announces Boeing 737-8 aircraft lease placement with LOT Polish Airlines

November 2, 2023 / WIL BALDWIN

Los Angeles, California, November 1, 2023, Business Wire – Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines. Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Air Lease Corporation announces Airbus A330-200 placement with HiSky

September 19, 2023 / WIL BALDWIN

Los Angeles, California, September 18, 2023, Business Wire – Today Air Lease Corporation (NYSE: AL) announced a long-term lease placement for one Airbus A330-200 aircraft with HiSky. Scheduled to deliver to the European carrier in 2023, this A330-200 aircraft joins one A319-100, four A320-200s and two A321-200neo LR aircraft currently on lease to HiSky from ALC.

“We are pleased to continue our support of HiSky Europe with the lease of this first widebody aircraft to the airline,” said David Beker, Senior Vice President, Marketing and Head of Aircraft Sales & Trading at Air Lease Corporation. “After two and a half years of steady and successful growth with their all-ALC narrowbody fleet, HiSky came to us ready to launch widebody operations and ALC is delighted to provide high-quality aircraft that will enable the carrier to realize their commercial objectives.”

“Over the past two years, we’ve experienced consistent growth that has brought us to this pivotal moment—the moment when we are prepared to acquire our first widebody aircraft. We’ve now become the fourth-largest air carrier at Romania’s primary airport and the largest operator of Airbus aircraft registered in Romania. Our partnership with ALC has undeniably proven to be a successful one. The aircraft they have provided us have been instrumental in helping HiSky achieve record-breaking passenger levels during this summer season. Having accomplished all the goals we set for ourselves over the years, we’re profoundly grateful for the trust and support of our partners as we embark on this exciting new venture,” said Iulian Scorpan, CEO of HiSky.

Forward-Looking Statements

STARLUX Launches Widebody Fleet with First Airbus A330neo

February 21, 2022 / WIL BALDWIN

Toulouse, France February 21, 2022 – Taiwan’s STARLUX Airlines has taken delivery of its first widebody aircraft – an A330-900. It is the first of 26 Airbus (OTC: EADSY) widebodies set to join the airline’s fleet, comprising eight A330neo and 18 A350’s.

The A330neo aircraft and one A350 are being acquired on lease from ALC, while the airline has 17 A350s on direct order with Airbus. Benefiting from the A330neo’s unbeatable operating economics and award-winning Airspace cabin, the aircraft will feature a two-class cabin with 28 business class seats and 269 economy class seats.

The A330neo joins an existing fleet of seven single-aisle A321neo at the airline, and will complement the airline’s network by flying regional routes from Taiwan to the wider Asia-Pacific.

At the same time, STARLUX has also signed up for the computer-based ACE (Airbus Cockpit Experience) Suite training solution. Using a “learning by discovery” approach, STARLUX’s flying crew will be able to use the ACE Trainer that simulates a 3D Cockpit environment with guided lessons and free play.

ACE Suite offers an efficient learning process that also provides customers with significant time savings off high-level devices training. Users can enjoy better knowledge retention and continuous skills reinforcement. ACE Suite is approved by EASA and in line with ICAO regulations.

China Airlines Becomes New Operator of Airbus A321neo

November 30, 2021 / WIL BALDWIN

Taipei, 30 November 2021 – China Airlines (CAL) has become the latest operator of the A321neo, following the delivery of its first aircraft of the type, on lease from Air Lease Corporation (ALC, NYSE: AL).

The aircraft operated with a blend of sustainable aviation fuel (SAF). SAF provides a reduction of up to 80% in carbon emissions over its lifecycle, compared to traditional jet fuel.

The aircraft is powered by Pratt & Whitney PW1100G engines and seats 180 passengers in a two-class layout. The A321neo incorporates the Airbus Cabin Flex, which enables optimal use of space by relocating various fixtures and fittings, providing the highest levels of passenger comfort.

CAL’s A321neo will be able to fly on routes of up to seven hours from Taipei.

CAL’s A321neos also come with a Cargo Loading System that enables container cargo operations, further reinforcing the airline and Taipei’s position as a global air freight hub.

Altogether CAL will acquire 25 A321neo aircraft, comprising 11 directly ordered from Airbus and 14 under lease agreements. The A321neo will form the core of CAL’s single-aisle fleet and offers cockpit commonality with CAL’s existing A330 and A350 aircraft.

The A321neo is a member of the A320neo Family, which offers the widest single-aisle cabin in the sky and incorporates the latest technologies, including new-generation engines and Sharklets, delivering a 20 per cent reduction in fuel consumption per seat.

At the end of October 2021, the A320neo Family had won more than 7,500 firm orders from over 120 customers worldwide.

Air Lease Places Two Airbus A320-200 Aircraft with Qanot Sharq Airlines Uzbekistan

February 21, 2021 / WIL BALDWIN

Los Angeles, California, February, 2021 – Air Lease Corporation (NYSE: AL) announced today long-term lease placements for two used Airbus A320-200 aircraft with Qanot Sharq Airlines (Uzbekistan), scheduled to deliver this March. This will be the first two aircraft in the fleet of the Uzbek startup airline.

“ALC is pleased to announce this lease placement of two A320-200s with Qanot Sharq Airlines,” said AJ Abedin, Vice President, Marketing of Air Lease Corporation. “We have worked closely with the Qanot Sharq executive team and are thrilled to participate in the launch of the first Uzbek startup airline through the placement of their first two aircraft.”

“We are honored and excited to work with one of the largest aircraft leasing companies in the world to assist with the launch of our airline,” said Nosir Abdugafarov, owner of Qanot Sharq Airlines. “These two A320-200s are scheduled to deliver in March and will be the first two aircraft in Qanot Sharq’s fleet, ensuring the highest standard of safety and comfort for our passengers.”

Forward-Looking Statements

About Qanot Sharq Airlines

Established as the first privately owned Airline in Uzbekistan, Qanot Sharq is led by a team of highly accomplished airline industry professionals with over 200 years of combined industry experience. The airline will operate from multiple regional airports in Uzbekistan, providing scheduled air service to international destinations such as Istanbul, Ankara (Turkey), Dubai (UAE), Jeddah, Medina (Saudi Arabia), Moscow, St. Petersburgh (Russian Federation) and Almaty (Kazakhstan).

Air Lease Corporation Delivers New Airbus A321-200neo Aircraft to Air Macau

December 15, 2019 / WIL BALDWIN

LOS ANGELES, December 12, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to Air Macau. This aircraft, featuring Pratt & Whitney PW1133G engines, is the first of two A321-200neo aircraft confirmed to deliver to the airline from ALC’s order book with Airbus and the first A321-200neo to deliver to the airline.

“We are pleased to announce this first of two A321-200neo aircraft delivery to Air Macau today and be the first to introduce the A321neo to the airline,” said Jie Chen, Executive Vice President and Managing Director, Asia – President, Air Lease Corporation Hong Kong Limited. “The ALC team has a long history of working with Air Macau and we are thrilled to continue to build our strong relationship with the airline by providing the most modern, fuel-efficient aircraft.”

Forward-Looking Statements

Air Lease Announces Placement of New Boeing 787-9 Aircraft with MIAT Mongolian Airlines

October 3, 2019 / WIL BALDWIN

Today Air Lease Corporation (AL) announced a long-term lease agreement with MIAT Mongolian Airlines for one new Boeing 787-9 aircraft. This aircraft, scheduled to deliver to the airline in Spring 2021 from ALC’s order book with Boeing, will be the first 787-9 to operate in Mongolia as well as the first Dreamliner in MIAT Mongolian Airlines’ fleet.

“ALC is honored to announce this significant lease placement with MIAT Mongolian Airlines and be the first to introduce the airline to the Dreamliner,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “We are proud to support the national carrier as it expands its fleet with the most technologically advanced aircraft to connect Mongolia with the rest of the world.”

“Our vision is to become a globally recognized Mongolian national flag carrier, and we are making a significant step forward by adding the first 787-9 Dreamliner to our fleet,” said Battur Davaakhuu, President and CEO, MIAT Mongolian Airlines. “The Mongolian Dreamliner will fly our passengers direct and in unmatched comfort to their dream destinations. Today is a proud day for MIAT and for all Mongolians.”

“It will be wonderful to see the 787 Dreamliner in MIAT Mongolian Airlines’ livery flying in and out of Ulaanbaatar and connecting Mongolia with key destinations across Asia and Europe. The airline has continued to build on its proud aviation history by modernizing its fleet and operations. We are honored MIAT has selected the 787 and its superior fuel efficiency and range to profitably grow their international network,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for The Boeing Company. “We are delighted to partner with leading lessor ALC, which has a tremendous portfolio of 787 Dreamliners and other advanced jets, to open a new chapter in MIAT’s history.”

MIAT Mongolian Airlines currently operates two Boeing 737 MAX 8 aircraft and one 737-800 aircraft on lease from ALC.

Air Lease Announces Delivery of New Airbus A321neo LR Aircraft to Air Astana

September 21, 2019 / WIL BALDWIN

LOS ANGELES, September 20, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana. Featuring Pratt & Whitney PW1133G engines, this aircraft is the first of seven A321-200neo aircraft scheduled to deliver to the airline from ALC’s order book with Airbus.

“We are delighted to announce this first of seven ALC A321-200neo LR aircraft delivery to Air Astana today,” said Alex Khatibi, Executive Vice President of Air Lease Corporation. “The A321-200neo LR is instrumental to Air Astana’s fleet modernization program to support the airline’s extended range operations and expanding route network.”

Air Mauritius Takes Delivery Of Its First A330neo

April 18, 2019 / WIL BALDWIN

Air Mauritius has taken delivery of its first A330-900, on lease from ALC during a ceremony held in Toulouse. The national carrier of the Republic of Mauritius is the first A330neo operator based in the southern hemisphere, and the first airline in the world to operate a combination of both the A330neo and A350 XWB.

Benefiting from the A330neo’s unbeatable operating economics and award-winning Airspace cabin, the aircraft (named Aapravasi Ghat in reference to Mauritius’ history) will feature a two-class cabin with 28 business class seats and 260 economy class seats. The carrier will deploy the aircraft on routes connecting Mauritius to Europe (mainly London and Geneva), India and South East Asian routes and on regional destinations including Johannesburg, Antananarivo and Reunion Island.

Air Mauritius CEO Somas Appavou stated: “I am delighted to welcome our first Airbus A330neo, another milestone in our fleet modernisation programme. The addition of two A330neos to our fleet will bring more flexibility and efficiency to our operations while supporting our network strategy. The A330neo offers similar levels of comfort as the A350 XWB, which has received very favourable feedback from our customers. I strongly believe that with the addition of the A330neo to our fleet, Air Mauritius will further reinforce its focus and emphasis on the customer who are at the very core of our business model.”

“Sugar and spice and all things nice! Like its namesake, inspired by the island’s history in developing the sugar industry, their first A330neo will pioneer Air Mauritius into a whole different level of efficiency and flexibility by operating both the A330neo and the A350 XWB, our latest generation widebodies”, said Christian Scherer, Airbus Chief Commercial Officer. “Passengers will enjoy unmatched levels comfort in our award winning ‘Airspace by Airbus’ cabins on both aircraft. Well done to our trusted partner on being the world’s first airline to operate the A330neo and the A350 XWB together – a sweet combination!”

Air Mauritius currently operates nine Airbus aircraft, of which two A350-900s, three A340-300s, two A330-200s and two A319s on its regional and long haul services.

The A330neo Family is the new generation A330, comprising two versions: the A330-800 and A330-900 sharing 99 percent commonality. It builds on the proven economics, versatility and reliability of the A330 Family, while reducing fuel consumption by about 25% per seat versus previous generation competitor aircraft and offering an unrivalled range capability. The A330neo is powered by Rolls-Royce’s latest-generation Trent 7000 engines and features a new wing with increased span and new A350 XWB-inspired Sharklets.

With an order book of more than 1,700 aircraft from 120 customers to date, the A330 is the most popular widebody family.

@AirMauritius @Airbus #A330neo

Boeing, Air Lease Corp., Deliver First Air Tahiti Nui 787-9 Dreamliner

October 9, 2018 / WIL BALDWIN

Boeing Press Release:

Boeing, Air Lease Corp., and Air Tahiti Nui celebrated the delivery of the airline’s first 787-9 Dreamliner, via lease from ALC. This is the first Boeing airplane to join the Tahitian airline, which plans to use the longest-range Dreamliner to replace aging A340s and connect its home base in the South Pacific with world capitals such as Paris, Tokyo and Los Angeles.

Air Tahiti Nui joins other carriers in the Pacific who operate long-distance routes in switching to the super-efficient and long-range 787-9. The airplane can fly up to 7,635 nautical miles (14,140 km), while reducing fuel use and emissions by 20 to 25 percent compared to older airplanes.

Air Tahiti Nui configured its new Dreamliner to seat 294 passengers in three classes. The cabin features a new business class equipped with 30 full lie-flat seats, along with 32 premium economy seats.

“Our dream has finally become reality with the arrival of Air Tahiti Nui’s first 787-9 Dreamliner,” said Michel Monvoisin, Chief Executive Officer and Chairman of Air Tahiti Nui. “The Tahitian Dreamliner will make flying to one of the world’s treasures an unforgettable experience, as we introduce new seats and a culturally inspired cabin on the 787. As we celebrate our 20th anniversary this year, the 787 Dreamliner will guide us towards another successful 20 years and beyond.”

The airline announced in 2015 it would lease two 787s through ALC and purchase two 787s directly from Boeing as part of its plan to upgrade its fleet for the future.

French Polynesia President Edouard Fritch and other government dignitaries joined the airline in celebrating the milestone delivery at Boeing’s South Carolina Delivery Center.

“We are pleased to deliver ALC’s first aircraft to Air Tahiti Nui,” said Marc Baer, Executive Vice President of Air Lease Corporation. “The capabilities of the 787 will help enhance Air Tahiti Nui’s commercial operations and will significantly increase the efficiency of its future fleet.”

“We are honored to welcome Air Tahiti Nui as a new Boeing customer and the latest member of the 787 Dreamliner family. We are confident the airplane’s market-leading efficiency and unmatched passenger comforts will transform the airline’s operation,” said Ihssane Mounir, Vice President, Commercial Sales & Marketing, Boeing Commercial Airplanes. “This delivery opens a new partnership between Boeing and Air Tahiti Nui, and demonstrates the strength of our partnership with ALC.”

Image from: www.boeing.com

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