Carrier is the first in Russia to fly the 737 MAX airplane
S7 plans to operate 10 more MAX airplanes in the coming years

Moscow, Russia | October 15, 2018– Boeing, Air Lease Corp., and S7 Airlines celebrated the delivery of the airline’s first 737 MAX, via lease from ALC.  S7, operated by Globus Airlines, becomes the first Russian airline to fly the new and improved 737 airplane. S7 plans to take 10 more 737 MAX jets over the next few years as part of its strategic plan to strengthen its airplane fleet.

“We always stay up-to-date with the latest developments of manufacturers and actively implement them to improve our service. The airline’s fleet already includes 19 Boeing 737Next Generation aircraft. The new Boeing 737MAX that we received today from our partners at Air Lease Corporation offers even more passenger comfort, reduced noise level and lower environmental impact. We are delighted that our passengers will be the first in Russia to appreciate the benefits onboard these new generation airplanes,” said Vadim Klebanov, general director of Globus Airlines.

The 737 MAX 8 is part of a family of airplanes that offer from about 130 to 230 seats and the ability to fly up to 3,850 nautical miles (7,130 kilometers). The MAX 8, in particular, can seat up to 178 passengers in a standard configuration and features the popular Boeing Sky Interior. The airplane helps reduce fuel use and emissions by 14 percent compared to previous airplanes, outperforming the competition by 8 percent when it comes to operating costs per seat.

“ALC is delighted to be a part of introducing the first Boeing 737 MAX aircraft in Russia with this delivery to our longtime customer, S7 Airlines,” said Alex Khatibi, Executive Vice President of Air Lease Corporation. “With this new Boeing 737 MAX aircraft, the airline continues to establish its position as a highly competitive Russian airline operating the most modern and fuel-efficient fleet.”

“With S7 Group’s innovative approach to its business and ambitious long-term goals, the 737 MAX will be a great addition to its fleet and will be seamlessly integrated in the group’s strategy of delivering exceptional performance and value,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company.

The 737 MAX is the fastest-selling airplane in Boeing history with more than 4,700 orders from 104 customers worldwide.

• Lessor to meet market demand with more modern and fuel-efficient aircraft

Farnborough, UK | July 11, 2016– Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company announced a firm order for three A350-900s and one A321 at the Farnborough Airshow to meet strong market demand for more modern and fuel-efficient aircraft.

Including today’s announcement, ALC’s portfolio of Airbus aircraft stands at a total of 267, of which 70 are widebodies (16 A330ceo, 25 A330neo, 24 A350-900, 5 A350-1000) and 197 are single-aisles (30 A320ceo, 22 A320neo, 27 A321ceo, 118 A321neo).

“These additional A350 and A321 aircraft were needed to fill ongoing customer lease placements as we continue to experience strong A350 and A321 demand,” said John L. Plueger, Air Lease Corporation’s CEO and President.

“ALC, is a leading lessor and longstanding partner of Airbus. We would like to thank ALC for their continued confidence in our Airbus products. Their customers will be delighted with the unbeatable economics as well as the superior cabin comfort in all classes for their passengers.” said John Leahy, Airbus Chief Operating Officer, Customers. “

The world’s latest generation airliner, the A350 XWB, is the newest member of Airbus’ modern, comfortable & efficient widebody product family. Offering customers a game-changing reduction in fuel-burn, the long-range A350 XWB features the latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions, and significantly lower maintenance costs. For passengers, it brings new levels of in-flight comfort, with an extra-wide cabin offering more personal space in all classes, including 18 inch wide seats as standard in economy class.

The A320 Family is the world’s best-selling single aisle product line with almost 12,600 orders since launch and more than 7,100 aircraft delivered to more than 320 operators worldwide. Thanks to their widest cabin, all members of the A320 Family offer unmatched comfort in all classes and Airbus’ 18” wide seats in economy as standard.

Leading lessor signs for one A350-900 & four A320 Family aircraft
Paris Air Show, Le Bourget, France | June 15, 2015– Today at the 51st International Paris Air Show, Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company announced a firm order for additional Airbus widebody and single-aisle aircraft (1 A350-900, 1 A321ceo and 3 A320ceo*) to meet strong market demand for Airbus’ modern, fuel-efficient aircraft.

Including today’s announcement, ALC’s fast growing portfolio of Airbus aircraft stands at a total of 262, of which 66 are widebodies (15 A330ceo, 25 A330neo, 21 A350-900, 5 A350-1000) and 196 are single-aisles (30 A320ceo, 31 A320neo, 26 A321ceo, 109 A321neo).

“In a market that is continually growing and developing, ALC is fully focussed on offering its customers the most modern, technologically advanced and economically efficient aircraft, which certainly includes the A320 Family and A350 XWB,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “We take great pride in our close cooperation with Airbus over the past years, which has led to the successful launch of the A330neo and A321LR. We are confident that these innovative aircraft will maximize operating efficiencies for airlines around the globe, thanks to their reliability, compelling economics and exceptional cabin comfort.”

“It’s great to see leading lessor, ALC, come back with an order for additional Airbus widebody and single-aisle aircraft to meet the needs of their customers who are demanding products that deliver both unbeatable economics and the highest standard of passenger comfort in all classes,” said John Leahy, Airbus Chief Operating Officer, Customers. “We go beyond just listening to our customers in our quest for innovation and seek active collaboration with them in order to deliver value. This is demonstrated with our latest, fuel efficient widebody and single-aisle models, the A330neo and A321LR, launched in close cooperation with ALC.”

The A350 XWB is Airbus’ all-new mid-size long range aircraft family and the latest member of the manufacturer’s leading widebody family. The A350 XWB is the world’s most modern and efficient aircraft in its size category and is setting new standards in terms of flight experience for passengers, operational efficiency and cost-effectiveness for airlines.

The A320 Family is the world’s best-selling single aisle product line with more than 11,700 orders to date and more than 6,500 aircraft delivered. Thanks to its wide cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard. The newest member of the A320 Family, the A320neo, incorporates new generation engines and Sharklets (wing tip devices) which together deliver 15 percent in fuel savings.

• Signals strong demand for Airbus’ latest A330neo and A321LR models

France | March 9, 2015– Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company, has firmed up its order for 55 Airbus aircraft, comprising 25 A330-900neo and 30 A321LR – the very latest members of Airbus’ modern, fuel-efficient aircraft family.

ALC was first to sign up for the newest member of Airbus’ market leading widebody family, the A330neo, announcing a commitment for 25 A330-900neo during the launch at the 2014 Farnborough International Airshow. ALC was also the first to commit to the A321LR, the newest variant of the A321neo, after signing a Memorandum of Understanding for 30 at the launch in January 2015, increasing its commitment made for 60 A321neo at the 2014 Farnborough Airshow to 90 firm A321neo aircraft.

“We are proud to be adding these newest generation Airbus aircraft to our portfolio and to have played a part in launching these latest generation, efficient aircraft,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “We see significant market appetite for Airbus’ A321LR and A330neo models, offering operators exactly what they want – even more range, even better economics and superior level of passenger comfort.”

“ALC is always ahead of the game and we are very happy to have them on board from the start with our latest A321LR and A330neo models,” said John Leahy, Airbus Chief Operating Officer, Customers. “We listen very carefully to our customers and are clearly seeing that our strategy to constantly improve our products through incremental innovations means we are able to not only meet but exceed their highest expectations.”

Including today’s announcement, ALC’s total firm orders for Airbus aircraft stands at 258, comprising 53 A320ceo Family, 140 A320neo Family, 15 A330 Family, 25 A350 XWB Family and 25 A330neo Family.

The A321LR, the latest member of the market leading A320neo Family, will be able to fly longer routes of up to 4,000 nm. The A321LR will provide additional flexibility as it will have the longest range of any single aisle airliner, making it ideally suited to transatlantic routes and enable airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft. With 206 passengers in a comfortable two-class layout, the A321LR offers the possibility for each passenger to carry up to three bags. First deliveries will start in 2019.

The A330-800neo and the A330-900neo are two new members of the Airbus Widebody Family launched in July 2014 with first deliveries in Q4 2017. The A330neo incorporates latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the excellent economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition, A330neo operators will also benefit from a range increase of up to 400 nautical miles and all the operational commonality advantages of the Airbus Family.

• ALC first to commit to Airbus’ increased range option

France | January 13, 2015– Airbus has officially launched the A321neo with 97 tonnes Maximum Take Off Weight (MTOW) having secured the first commitment from Air Lease Corporation (ALC). The Los Angeles based lessor signed a Memorandum of Understanding (MoU) for 30 more A321neo, upsizing its commitments at the 2014 Farnborough Airshow from 60 to 90 and becoming the launch customer for Airbus’ increased range option.

The A321neo 97t will have, with 4,000nm, the longest range of any single aisle airliner available today and tomorrow, making it ideally suited to transatlantic routes and will allow airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft.

“We are excited to be the first to sign for the new longer range version of the A321neo,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “ALC wants a footprint in every promising market segment, including ones that can be opened by this new version of the A321neo. We pride ourselves in being able to provide our customers with the very latest, most innovative products and solutions.”

“We are delighted to officially launch the A321neo 97t option with ALC,” said John Leahy, Airbus Chief Operating Officer, Customers. “ALC is a forward-looking company who has once again demonstrated its confidence in Airbus’ latest products and innovations just six months after being a launch customer for the A330neo.” He added: “The longer haul single aisle market is a lucrative one that the A321neo will now dominate, thanks to the aircraft’s superior comfort, economics and range. This new version of the A321neo is a high revenue generating aircraft which will open up many new opportunities for our customers.”

Under the assumption that ALC’s MoUs for 30 A321neo aircraft plus 25 A330neo Family become firm orders, ALC’s total orders for Airbus aircraft would stand at 258 (53 A320ceo Family, 140 A320neo Family, 15 A330 Family, 25 A350 XWB Family and 25 A330neo Family).

The A321 97t variant is building on the continued innovations brought to the A320 Family with Airbus Cabin-Flex (ACF), which offers passengers the highest standards of comfort while providing great flexibility and profit optimisation to airlines. Thanks to an additional fuel tank in the forward underfloor hold of the aircraft, as well as minor improvements on the wing and fuselage, the A321neo 97t will be able to fly 206 passengers on longer routes of up to 4,000 nm in a comfortable two-class layout. First deliveries will have started by 2019.

The newest member of the best-selling A320 Family, the A320neo, incorporates new generation engines and Sharklets which together will deliver 20 percent in fuel savings by 2020. At the end of December 2014, firm orders for the NEO reached over 3,600 aircraft from 70 customers.

• Leading lessor announces first commitment for A330neo

Farnborough | July 14, 2014– Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company, has announced a Memorandum of Understanding (MoU) for 25 A330-900neo aircraft, becoming the first launch customer for the new Airbus Widebody. ALC simultaneously announced a firm order for 60 A321neo aircraft. The contact was signed today at the Farnborough International Airshow by Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer and Fabrice Brégier, Airbus President and CEO.

“The recently launched A330neo is a well-suited addition to ALC’s fleet as we continue to provide our customers with the most modern, fuel efficient aircraft on the market,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “The A330neo, like the A320neo Family, will have success in the medium range segment due to its combination of high reliability, exceptional comfort and low operating costs. We see a significant market opportunity for the A330neo and we’re pleased that the first order bears ALC’s name. The A321neo credentials, such as its lower fuel-burn, high reliability and wider, more comfortable cabin, also fit well in our product portfolio of innovative, profitable aircraft.”

“When a leading lessor, ALC, is the first to sign up for a new aircraft, it’s a loud and clear signal that you’ve got it right. This significant order is a strong endorsement of both our A330neo and A320neo, confirming they fully meet the needs of the world’s most demanding airlines,” said Fabrice Brégier, Airbus President and CEO. “The continuing success of the A320neo, paves the way for the A330neo and proves that our incremental innovation strategy to deliver reliable, innovative and efficient products at the right time, is what the market wants.”

Including today’s order, ALC’s total orders and commitments for Airbus aircraft reaches 225, of which 200 are firm orders (50 A320ceo Family, 110 A320neo Family, 15 A330 Family, 25 A350 XWB Family) plus the MoU for 25 A330neo’s. ALC will announce engine selections for the 60 A321neo aircraft at a later date.

The A330-800neo and the A330-900neo are two new members of the Airbus Widebody Family launched in July 2014 with first deliveries scheduled to start in Q4 2017. The A330neo incorporates latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the unbeatable economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition to greater fuel savings, A330neo operators will also benefit from a range increase of around 400 nautical miles and of course all the operational commonality advantages of the Airbus Family.