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Air Lease Announces Lease Placement of Ten Airbus A320 Aircraft with Allegiant

July 30, 2021, 07:00 AM
Filed Under: Aircraft

Air Lease Corporation announced long-term lease placements for 10 used Airbus A320-200 aircraft with Allegiant. The aircraft are scheduled to deliver to the airline beginning in fall 2021 through summer 2022.  

“We are pleased to announce this lease placement for 10 used Airbus A320s with new customer, Allegiant,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease. “These young A320 ALC aircraft will complement Allegiant’s all-Airbus fleet and support their growing North America operations.”

“Bringing these 10 aircraft into Allegiant’s fleet provides a number of advantages aligned with our unique business model and goals,” said Robert Neal, Allegiant’s Senior Vice President for Corporate Finance and Treasurer. “As young, sharklet-equipped sister ships, they will not only afford efficient induction into our all-Airbus fleet, but will also provide years of utilization beyond the typical life of previously-operated aircraft. This transaction will be a valuable component of our fleet plan for 2022 and beyond.”

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