Air Lease Corp. Delivers First Of 19 New Airbus Aircraft To Condor, Germany
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Air Lease Corporation (NYSE:AL) has delivered the first of 19 new Airbus A321-200neo aircraft to Condor, Germany. This delivery is part of a larger order that includes 17 A321-200neos and two A320-200neos, scheduled through 2027. ALC also has three A321s and two A320s on long-term lease to Condor.
July 18, 2024 | 8:49 pm
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Air Lease Corporation has delivered the first of 19 new Airbus A321-200neo aircraft to Condor, Germany. This delivery is part of a larger order that includes 17 A321-200neos and two A320-200neos, scheduled through 2027. ALC also has three A321s and two A320s on long-term lease to Condor.
The delivery of the first of 19 new Airbus aircraft to Condor signifies a strong partnership and a significant revenue stream for Air Lease Corporation. This long-term order and existing leases indicate stable and potentially growing income, positively impacting AL's stock price in the short term.
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