air lease corp- 144a (ALLLZ) Key Developments
Air Lease Corporation Signs for 25 A330neo and 60 A321neo
Jul 17 14
Air Lease Corporation has announced a Memorandum of Understanding for 25 A330-900neo aircraft, becoming the first launch customer for the new Airbus Widebody. ALC simultaneously announced a firm order for 60 A321neo aircraft. The contract was signed at the Farnborough International Airshow by Steven F. Udvar-HÃ¡zy, Air Lease Corporation s Chairman and Chief Executive Officer and Fabrice BrÃ©gier, Airbus President and CEO.
Air Lease Corporation Enters into an Amendment to its Existing Purchase Agreement with Airbus S.A.S
Jul 16 14
On July 14, 2014, Air Lease Corporation entered into an amendment to its existing purchase agreement with Airbus S.A.S. Pursuant to the amendment, the company agreed to purchase 60 additional A321 NEO aircraft from Airbus. Deliveries of the aircraft are scheduled to commence in 2018 and to continue through 2023.
Air Lease Corporation Enters into Two Supplemental Agreements with the Boeing Company
Jul 16 14
On July 11, 2014, Air Lease Corporation entered into two supplemental agreements to existing purchase agreements with the Boeing company. pursuant to the supplemental agreements, the company agreed to purchase six additional 777-300ER aircraft from Boeing and confirmed the purchase of 20 737-8/9 MAX aircraft which were previously subject to reconfirmation. Deliveries of the aircraft are scheduled to commence in 2016 and to continue through 2022.
Boeing and Air Lease Corporation Announce 777-300ER, 737 Max 8 Order
Jul 15 14
Boeing and Air Lease Corporation announced an order for 26 airplanes -- six 777-300ER (Extended Range) and reconfirmed 20 737 MAX 8 airplanes, valued at $3.9 billion at current list prices. This 737 MAX order for 20 airplanes, valued at more than $2 billion at current list prices, brings Air Lease Corporation's combined orders for the 737 MAX to 104 airplanes. The 777-300ER order, valued at more than $1.9 billion at current list prices, marks the 100(th) 777 order from ALC.
Air Lease Corporation and Air New Zealand Announce Agreement for Five New Airbus A320neo Family Aircraft
Jul 14 14
Air Lease Corporation reached an agreement with Air New Zealand for the long term lease of five new Airbus A320neo Family aircraft. The first aircraft, a new A321neo, is scheduled for delivery in August 2017 and the first new A320neo will deliver in September 2017. The remaining three aircraft will deliver in 2018.