Air Lease Corporation (ALC) has signed a Letter of Intent (LoI) covering all Airbus Families, and orders 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and seven A350Fs. With this order ALC and Airbus are launching a multi-million-dollar ESG fund initiative that will contribute towards investment into sustainable aviation development projects that will in the future be opened to multiple stakeholders from the aircraft leasing and financing community and beyond.
“This new order announcement is the culmination of many months of hard work and dedication by both organizations to optimize and fine tune the size and scope of this large aircraft transaction in view of the rapidly growing global airline demand to modernize their jet fleets through the ALC leasing medium,” said Steven F Udvar-Hazy, executive chairman of Air Lease Corporation. “After lengthy and detailed consultations with several dozens of our strategic airline customers around the world, we are focusing this comprehensive order on the most desirable and in demand aircraft types, covering the A220, A321neo, A330neo and A350 families.”
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