EFW (Germany), the specialist in passenger-to-freighter conversions, has redelivered the first of three A330-200P2F aircraft to Air Lease (US). This aircraft will be operated by Awesome Cargo (Mexico), expanding the carrier’s capacity for cargo transport.
Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.
Spirit AeroSystems, one of the world’s largest aerostructure manufacturers, has announced the departure of John Plueger, who has served as a board member for a decade. Plueger is also the CEO and President of Air Lease Corporation, a major global aircraft lessor.
Air Lease Corporation (ALC), the U.S.-based aircraft leasing giant, has released its first-quarter 2025 performance update, reporting strong investment activity and continued portfolio optimization. The company delivered 14 new aircraft from its orderbook, representing a total investment of approximately US$800 million during the quarter.
Air Lease (US) has announced long-term lease agreements with Qanot Sharq Airlines (Uzbekistan) for the delivery of five Airbus A321neo aircraft, including three A321XLRs and two A321LRs. These aircraft will be delivered in 2026 and 2027 from Air Lease’s existing orderbook with Airbus.
Aircraft Leasing & Management (UK) has announced the acquisition of an A220-300 aircraft, bearing serial number 55176, from Air Lease (US). This marks a significant addition to its fleet, as the aircraft is already under an existing lease with ITA Airways (Italy).
Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.
