Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for ten 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 ten used Airbus A320s with new customer, Allegiant,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “These young A320 ALC aircraft will complement Allegiant’s all-Airbus fleet and support their growing North America operations.”
“Bringing these ten 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.”
Key data points: The market size in 2031 = $6.9 billion, growth forecast = 3.8% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global flight inspection market to 2031 by solution (service and system), end use (commercial airports, defense airports, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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