Air Lease Announces Lease Placement of Two Boeing 737-800s with SpiceJet

Air Lease places two Boeing 737-800 NG aircraft on long-term lease to SpiceJet (India), delivering in July and August 2016.

One of the 737-800s is from Air Lease’s order book with Boeing and the second is a 2012-built 737-800 with winglets and sky interior. These placements will be Air Lease’s fourth and fifth 737-800s on long-term lease to SpiceJet.

“ALC is very pleased to announce these 737-800 placements with SpiceJet, one of India’s leading low-cost carriers. The 737-800 aircraft offers increased efficiency and enhanced customer comfort, perfectly suited for the airline’s short and medium-haul flights,” said Kishore Korde, Air Lease’s executive vice president. “SpiceJet is a long-term customer of ALC and we look forward to working together with their team for many more years.”

“We value our partnership with ALC and with this new Boeing 737-800 placement, we are further strengthening our long-term association,” said Kiran Koteshwar, CFO of SpiceJet. “We are now embarking on increasing our fleet which will be instrumental in our growth story post our turnaround. With these additional Boeing aircraft, we aim to build up our network by offering more services.”

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