Air Lease Corporation Announces Delivery of First of Six New Airbus A321-200neo LR Aircraft with Air Arabia
Air Lease Corporation Class A (AL)
Last air lease corporation class a earnings: 2/14 04:05 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. Featuring CFM International LEAP-1A engines, this aircraft is the first of six A321-200neo LRs scheduled to deliver to Air Arabia through 2020 from ALC’s order book with Airbus. This A321-200neo LR is also ALC’s first Airbus long-range A321neo to deliver to the Lessor. “We are pleased to announce the delivery of this first of six new A321-200neo LR aircraft with Air Arabia and be the first to introduce the A321LR to the region today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “This delivery is particularly significant as this is ALC’s first A321-200neo LR aircraft. A key addition to Air Arabia’s fleet, the A321-200neo LR offers dynamic long-range optimization and increased capacity as the airline expands
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