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ALC SIGNS LEASE AGREEMENTS WITH 20 NEW AIRLINES

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ALC SIGNS LEASE AGREEMENTS WITH 20 NEW AIRLINES

Air Lease Corp has confirmed it has signed lease agreements with various airlines for 20 additional aircraft.

Under 12 year leases, ALC is leasing 10 new aircraft – five Embraer 175′s and five Embraer 190LRs – to Alitalia. SriLankan Airlines has leased three new A320-200s for 12 years.

ALC is also leasing three new A320-200′s to S7 Airlines, to be delivered in January, February, and May of 2012.

Kenya Airways has also entered into eight-year lease agreements for three new Embraer 190AR’s; while Spring Airlines has acquired one A320-200 (MSN 1686), on lease.