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Stock impact report

Air Lease Corporation Announces Lease Placement of One New Airbus A321-200neo Aircraft with Pegasus Airlines

Air Lease Corporation Class A (AL) 
Last air lease corporation class a earnings: 2/14 04:05 pm Check Earnings Report
US:NYSE Investor Relations: airleasecorp.com/investors
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced a long-term lease agreement for one new Airbus A321-200neo aircraft with Pegasus Airlines (Turkey). Scheduled to deliver in Spring 2023, this aircraft will deliver to the airline from ALC’s order book with Airbus.Pegasus Airlines also confirmed to sell four young Boeing 737-800 aircraft to ALC as part of a sale-leaseback transaction. The airline will lease these four 737 aircraft back from ALC.“ALC is pleased to announce these lease placements with Pegasus Airlines today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “This deal aligns with Pegasus Airlines’ fleet modernization and rationalization efforts to advance the airline’s environmental, financial and operational performance.”Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such s Show less Read more
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