Air Lease Corporation Announces Lease Placement For Two New Airbus A220 Aircraft With Cyprus Airways
Portfolio Pulse from Happy Mohamed
Air Lease Corporation (NYSE:AL) has announced long-term lease placements for two new Airbus A220-300 aircraft with Cyprus Airways. Both aircraft are set to be delivered this month from ALC's order book with Airbus.
June 20, 2023 | 3:03 pm
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POSITIVE IMPACT
Air Lease Corporation (AL) secured a long-term lease placement for two new Airbus A220-300 aircraft with Cyprus Airways, set to be delivered this month.
The lease placements for two new Airbus A220-300 aircraft with Cyprus Airways will have a positive short-term impact on Air Lease Corporation's stock price. The deal expands ALC's customer base and strengthens its partnership with Airbus. The delivery of the aircraft this month will also contribute to ALC's revenue.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Airbus (EADSY) will deliver two A220-300 aircraft to Cyprus Airways this month, as part of a long-term lease placement deal with Air Lease Corporation.
The delivery of two new Airbus A220-300 aircraft to Cyprus Airways this month will have a positive short-term impact on Airbus' stock price. The deal showcases the demand for Airbus' A220 aircraft and strengthens its partnership with Air Lease Corporation. The delivery will also contribute to Airbus' revenue.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 80