Air Lease Corporation Announces Delivery of Tenth of Ten Airbus A320-200s to Allegiant
October 20 2022 - 4:33PM
Business Wire
Air Lease Corporation (NYSE: AL) announced the delivery of a
tenth Airbus A320-200 aircraft to Allegiant. Formerly on lease to
Alaska Airlines, this is the tenth of ten used Alaska A320s to
deliver to Allegiant Air from ALC.
“ALC is pleased to announce this tenth A320 delivery to
Allegiant,” said Steven Udvar-Házy, Executive Chairman of Air Lease
Corporation. “These ten young A320s are providing valuable service
to Allegiant’s growing fleet with advanced technology and
fuel-efficiency.”
To replace Alaska’s A320 fleet, ALC and Alaska signed long-term
lease agreements for 14 new Boeing 737-9 aircraft of which 11 have
already been delivered. The remaining aircraft are scheduled to
deliver through the end of 2022 from ALC’s order book with
Boeing.
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.
About Air Lease Corporation (NYSE: AL)
Air Lease Corporation is a leading global aircraft leasing
company based in Los Angeles, California that has airline customers
throughout the world. ALC and its team of dedicated and experienced
professionals are principally engaged in purchasing new commercial
aircraft and leasing them to its airline customers worldwide
through customized aircraft leasing and financing solutions. The
company routinely posts information that may be important to
investors in the “Investors” section of its website at
www.airleasecorp.com. Investors and potential investors are
encouraged to consult Air Lease Corporation’s website regularly for
important information. The information contained on, or that may be
accessed through, ALC’s website is not incorporated by reference
into, and is not a part of, this press release.
About Allegiant
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel
company with an airline at its heart, focused on connecting
customers with the people, places and experiences that matter most.
Since 1999, Allegiant Air has linked travelers in small-to-medium
cities to world-class vacation destinations with all-nonstop
flights and industry-low average fares. Today, Allegiant's
all-Airbus fleet serves communities across the nation, with base
airfares less than half the cost of the average domestic roundtrip
ticket. For more information, visit us at Allegiant.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221020006062/en/
Investors: Jason Arnold Vice President, Investor Relations
Email: investors@airleasecorp.com
Media: Laura Woeste Senior Manager, Media and Investor Relations
Email: press@airleasecorp.com
Ashley Arnold Manager, Media and Investor Relations Email:
press@airleasecorp.com
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