ALC Announces Lease Placement of Three New Airbus A350-900 and One New Airbus A350-1000 Aircraft with Air Caraibes and FrenchBee

Today Air Lease Corporation (NYSE: AL; “ALC”) announced long-term lease agreements with Air Caraïbes and FrenchBee, part of Groupe Dubreuil Aéro, for three new Airbus A350-900 and one new Airbus A350-1000 aircraft, on lease from ALC’s order book with Airbus.  The three A350-900s are scheduled to deliver to Air Caraïbes starting in 2019 through 2020, the first of which delivered to the airline on June 12, 2019 on lease to FrenchBee.  The A350-1000 is scheduled to deliver to the airlines in Fall 2021.

“ALC is pleased to announce these four A350 lease placements, as well as celebrate the first A350-900 delivery to Air Caraïbes and FrenchBee,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “Both airlines continue to excel as pioneer airline partners serving France, the French Caribbean and South Indian Ocean markets and Pacific with a growing fleet of technologically advanced and fuel-efficient aircraft.”

“Airbus long-haul aircraft have played an integral role in our customer-focused success for over 15 years and we are confident that the innovative and highly efficient A350-900 and A350-1000 will continue to contribute immensely to Air Caraïbes and FrenchBee’s long-term success and growth,” said Marc Rochet, Chief Executive Officer and President of FrenchBee and Board Member of Air Caraïbes.  “We are thrilled to celebrate this new deal with ALC and invest in additional leased aircraft.”

Source: Air Lease Corporation
Date: Jun 17, 2019