Malaysia Airlines Berhad and Air Lease Corporation Sign Lease
Agreements for Four Airbus A350s
SEPANG and LOS ANGELES, 10 September 2015
Today Malaysia Airlines Berhad (MAB) and Air Lease Corporation
(NYSE: AL) signed long-term lease agreements for four (4) new
Airbus A350-900s. The transaction also includes a lease option
for two additional A350-900s and two A330-900neo aircraft.
Powered by two Rolls Royce Trent XWB-84 engines, the A350-900
aircraft are from ALC’s order book with Airbus and will be
delivered between the fourth quarter of 2017 and the second
quarter of 2018.
Malaysia Airlines’ Chief Executive Officer Christoph Mueller
said, “We are excited to have this aircraft as part of our
fleet. The A350 is the most technologically advanced aircraft
and we are confident that it will deliver exceptional passenger
comfort and improve the overall efficiency of our fleet. We are
very pleased to partner with Air Lease Corporation on this
strategic transaction.”
“ALC is honored to welcome Malaysia Airlines Berhad as our
newest valued customer. We are confident that these aircraft
will maximize Malaysia Airlines’ operations to help grow its
business while simultaneously reducing its operating costs and
emissions,” said Steven F. Udvar-Hazy, Air Lease Corporation's
Chairman and Chief Executive Officer. “ALC looks forward to
building a strong long-term relationship with Malaysia Airlines
Berhad in the future,” he added.