Sign Up for Daily E-News
Subscribe to Print Magazine
Air Lease agreed to long-term lease placements for four new Airbus A321XLR aircraft with Air Transat in Canada. Three new aircraft are confirmed to deliver to the airline starting at the end of 2025 through 2026 from Air Lease’s order book with Airbus. The agreement also includes an option for one additional A321XLR aircraft to be delivered in 2027.
“ALC is pleased to announce this lease placement for four new A321XLRs with Air Transat and be the first to introduce the XLR to the Canadian airline,” Steven Udvar-Házy, executive chairman of Air Lease, said. “The A321XLR will bring new levels of comfort and excellent service to Air Transat’s passengers while providing significant enhancements to the airline’s operational efficiency.”
“Air Transat’s new leasing agreement with our long-trusted partner, ALC, represents another key milestone in the renewal and simplification of our fleet undertaken since 2017,” Annick Guérard, president and CEO of Transat, said. “Along with A321LRs, XLRs figure as a cornerstone of Transat’s 2022-2026 strategic plan. These aircraft can improve the quality of our transatlantic program by increasing the number of frequencies per week with the same capacity, representing a more attractive offer for our customers. Adding these three new XLRs to our fleet — with a fourth optional one — will allow us greater operational flexibility, as this type of aircraft is very well suited to our needs across our programs annually.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!
Separate tags with commas
Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com
Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com
Brianna Wilson
Monitor 100 2022
The only reliability in change is the fact that it will always happen. As an industry that is constantly changing, equipment finance must be prepared to handle sudden shifts. One of the most notable and persistent changes is the fact… read more
View All Articles
Kenneth P. Weinberg
Monitor 100 2022
It is fairly common in the equipment leasing and finance industry for financing statements to describe the equipment, inventory or other goods being leased or financed by referring to an unattached master lease, lease schedule or other document. Some of… read more
View All Articles
Monitor continues to provide readers, online visitors, on-the-go executives and advertisers with multimedia platform options.
View Now
Copyright © RAM Group Holdings