Fri, Jun 08, 2012
ALC To Place The Airliners With The Chinese Carrier
Air Lease Corporation has entered into lease agreements with China Southern for 18 new jet aircraft from ALC’s orderbook delivering in 2013, 2014, and 2015. The aircraft include twelve (12) new Boeing 737-800s, four (4) new Airbus A320-200s, and two (2) new Airbus A321-200s, all of which are signed on 12-year lease terms.
“This 18 aircraft transaction with China Southern is ALC’s largest single lease placement to date. We are pleased to grow our relationship with one of the premier airlines in China and a long term strategic customer for ALC,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia, announcing the deal Tuesday.
ALC also delivered two new A320-200s to China Southern on 12-year term leases during the second half of 2011.
“ALC’s ability to structure and complete large, multiple aircraft, complex operating lease transactions such as this $800 million deal with China Southern for 18 new Airbus and Boeing aircraft on a multiyear delivery stream, underscores ALC’s global leadership, innovation and strong market presence,” said Steven F. Udvar-Házy, Chairman and CEO of Air Lease Corporation.
ALC is an aircraft leasing company based in Los Angeles, California that is principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions.
Other Parties Expected to Weigh In Momentarily EAA Counsel Alan Farkas has filed a 48 page Petition for Review of FAA Action and Other Relief with United States Court of Appeals fo>[...]
Field Reports Raise Questions About Accurate Accounting Of Electrical Loads The FAA has issued a Special Airworthiness Information Bulletin (SAIB) focusing on the requirements and >[...]
Also: Mohr Retires-Quietly, iFly on iOS, Record Female Skydive, China Goes To The Moon, SAFE Resources EAA Counsel Alan Farkas has filed a 48 page Petition for Review of FAA Action>[...]
Seeks Relief For Forced Payment Related To ATC Activities At Wittman Regional Airport During AirVenture The EAA has filed a petition in the U.S. Court of Appeals for the Seventh Ci>[...]
AD NUMBER: 2013-24-13 PRODUCT: Certain Boeing Model 737-100, -200, -200C, -300, -400, -500, -600, -700, -700C, -800, and -900 series airplanes.>[...]