Air Lease Announces Delivery of First of Five New Boeing 737 Aircraft to Air Canada
Further to a long-term lease agreement entered into in 2023, today Air Lease (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft to Air Canada. This is the first of five 737-8 aircraft scheduled to deliver to the airline in 2026 from Air Lease. Key Highlights - Air Lease Corporation (ALC) has delivered the first of five new Boeing 737-8 aircraft to Air Canada. - The aircraft comes from ALC’s order book with Boeing, meaning these are part of pre-arranged purchase commitments. - Deliveries will continue through 2026, strengthening Air Canada’s narrowbody fleet. - The Boeing 737-8 is part of the 737 MAX family, known for improved fuel efficiency, reduced emissions, and lower operating costs compared to older models. - This move supports Air Canada’s fleet modernization strategy, focusing on sustainability and passenger comfort. Why It Matters - For Air Canada: Expands capacity and aligns with its environmental goals. - For ALC: Reinforces its role as a major lessor supplying modern aircraft to global airlines. - For Boeing: Another boost to the 737 MAX program, which has been steadily regaining momentum in airline fleets worldwide.
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