Air Lease Corporation (NYSE: AL) has announced the delivery of a brand-new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This marks the first A220 aircraft delivered on long-term lease to TAAG and is part of a confirmed order for six A220-300s from ALC’s orderbook with Airbus.
This delivery is part of TAAG’s fleet modernization efforts and represents a significant milestone in the airline’s strategy to enhance operational efficiency with the latest aircraft technology.
“We are pleased to announce ALC’s first of six new A220-300 aircraft delivered to TAAG Angola Airlines,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC is the first lessor to introduce the A220 to the airline and we look forward to assisting TAAG in commencing its long-term fleet modernization program by adding these new-generation, fuel-efficient aircraft.”
“Adding the A220-300 demonstrates TAAG’s ambition for modernization and growth as the company builds a versatile fleet to address market demand under the airline’s expansion plan (new routes and frequencies increase). From a local content empowerment perspective, the aircraft will have an Angolan crew with multiple teams benefiting from comprehensive training programs,” said Nelson de Oliveira, CEO of TAAG.
The press release includes forward-looking statements under the Private Securities Litigation Reform Act of 1995, outlining expected delivery timelines. These projections are based on current expectations but are not guarantees of future performance. ALC will not update these statements unless legally required. Actual outcomes may differ due to factors discussed in filings with the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
Air Lease Corporation, headquartered in Los Angeles, California, is a leading global aircraft leasing company. ALC provides customized leasing and financing solutions for airlines worldwide, helping them acquire new commercial aircraft. The company regularly updates important investor information in the “Investors” section of its website at www.airleasecorp.com. Information on or accessed through ALC’s website is not part of this press release and is not incorporated by reference.
The post Air Lease Delivers First Airbus A220-300 to TAAG Angola Airlines appeared first on Travel And Tour World.
Comment (0)