Air Lease (AL) announced the first of 25 new Boeing (BA) 737-8 aircraft delivered to Malaysia Airlines Berhad from ALC’s order book with Boeing. Featuring CFM LEAP 1B-27 engines, this new Boeing aircraft is the first 737-8 addition to Malaysia Airlines’ fleet. “We are thrilled to announce ALC’s first of 25 new Boeing 737-8 aircraft delivered to Malaysia Airlines,” said Steven Udvar-Hazy, Executive Chairman of Air Lease Corporation. “Our significant deal for 25 new Boeing 737-8 aircraft with MAB is a milestone transaction that demonstrates ALC’s commitment to the national carrier’s long-term fleet modernization and sustainability program. We are honored to be the first to introduce the 737-8 to the airline.” This Boeing 737 aircraft joins six Airbus (EADSY) A350-900 aircraft currently on long-term lease to the airline from ALC.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AL:
- Block upgraded, Bristol Myers downgraded: Wall Street’s top analyst calls
- Barclays starts U.S. consumer finance with Neutral industry view
- Air Lease initiated with an Overweight at Barclays
- Air Lease signs long-term lease contracts for 18 new Boeing 737-8 Aircraft
- Air Lease delivers one new Airbus A321-200neo aircraft to ITA Airways