Air Lease Corporation Announces Lease Placement Of Three New Boeing 787 Aircraft With Thai Airways International
Portfolio Pulse from Benzinga Newsdesk
Air Lease Corporation (AL) has entered into long-term lease agreements with Thai Airways International for three new Boeing 787-9 aircraft, set to be delivered in 2025. These aircraft, part of ALC's order book with Boeing (BA), will be used by Thai Airways to enhance its global network, including flights to Europe, Australia, and Intra-Asia. This deal marks the beginning of a partnership between ALC and Thai Airways, aimed at modernizing the airline's fleet and improving passenger experience.
February 26, 2024 | 9:53 pm
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POSITIVE IMPACT
Air Lease Corporation has secured a deal to lease three Boeing 787-9 aircraft to Thai Airways, indicating a strategic expansion of its leasing portfolio and a new partnership.
The announcement of a new lease agreement with Thai Airways for three Boeing 787-9 aircraft is likely to be viewed positively by investors, as it represents both an expansion of ALC's leasing portfolio and the establishment of a new partnership with a major international airline. This could lead to increased revenue and potentially more deals in the future, positively impacting AL's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Boeing secures a commitment from Air Lease Corporation for three 787-9 aircraft, reinforcing its order book and showcasing the continued demand for its widebody aircraft.
The confirmation of delivery for three Boeing 787-9 aircraft from ALC's order book to Thai Airways by 2025 highlights the ongoing demand for Boeing's widebody aircraft. This deal not only strengthens Boeing's order book but also demonstrates the aerospace giant's ability to maintain key relationships with leasing corporations and airlines, which is likely to have a positive impact on BA's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70