Air Lease Corp. inks lease agreements for 20 aircraft

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Published: June 3, 2011

Alitalia will lease five E-190LRs from Air Lease Corp. Photo: Courtesy, Embraer.

Air Lease Corp. announced Thursday it signed lease agreements for 20 additional aircraft.

ALC will lease 10 new aircraft to Alitalia, comprising five Embraer 175s and five E-190LRs under 12-year leases. SriLankan Airlines will lease three new Airbus A320-200s, one of which was delivered in May; the remaining two aircraft will be delivered in October and November on 12-year leases. S7 Airlines is leasing three new A320-200s for eight years, which will be delivered in January, February and May 2012. Kenya Airways has entered into an eight-year lease agreement for three new Embraer 190ARs, scheduled for delivery in August and September, and May 2012. ALC acquired one A320-200 (MSN 1686), on lease to Spring Airlines.

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