ALC

Norwegian Set to Lease Additional Aircraft After Promising January Performance

Norwegian Air Shuttle ASA, known simply as ‘Norwegian,’ a Norwegian low-cost airline that operates both domestically and internationally, began 2023 with a strong sales campaign, carrying around 1.1 million (1,131,474) passengers and also recording an increase in load factor. January is generally the month of the year when people travel the least, but compared to […]

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Aeroméxico Increases Fleet, Could Suspend Flights to South Korea

Air Lease Corporation (ALC), Aeroméxico’s main aircraft lessor, will lease nine Boeing 737 aircraft to Aeroméxico made up of two 737-8s and seven 737-9s. These aircraft will be delivered between July 2022 and August 2023, depending on ALC’s order book with Boeing. The deal comes after Aeroméxico said last week it would spend $5 billion […]

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Malaysia Airlines Finalizes Leases for 25 Boeing 737 MAX 8s

Under a contract with Air Lease Corporation (ALC), Malaysia Airlines will get 25 new Boeing 737 MAX 8s from its order book. The purchase, which comes from Malaysia Airlines’ order book with Boeing, will enable the carrier to take possession of new aircraft and continue to pursue its strategic objectives of domestic and medium-haul domination. […]

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Belavia Looks to New Leasing Options Following EU Sanctions

In the wake of the standoff at the Poland-Belarus border, the national airline of Belarus is looking for an alternative arrangement for future leasing deals that parts ways with leased aircraft that are tied to the European Union. The airline itself was called out this fall after being accused of bringing migrants from Iraq and […]

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Dubai Airshow Recap: Days 1 and 2

The Dubai Airshow this week is bringing the aviation community back together in a way not seen since before the Covid-19 pandemic took hold of the world in early 2020. Industry leaders in aircraft manufacturing, airline and aircraft servicers, commercial airlines, and business aviation companies are all making appearances as look to show new products, […]

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February Wave of 737 MAX Cancellations Hits Boeing

Chicago-based Boeing’s net sales for 2020 currently sits at 28 aircraft cancellations. The airline recorded its first orders of the year in February following a quiet January. BBAM announced an order for three converted 737-800 freighters and two weeks later All Nippon Airways (ANA) committed to a firm order for 15 Boeing 787 Dreamliners, with […]

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Air Lease Corporation Orders Additional Boeing 737 MAXs

On Tuesday, Boeing and Air Lease Corporation announced a new order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices. With this addition, Air Lease Corporation (ALC) is one of the biggest lessors on the market, as it has ordered 138 737 MAX to fulfill their customer requirements. “These aircraft […]

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