Air Lease Places Four New Boeing 737 MAX 8s with Caribbean Airlines


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Air Lease entered long-term lease agreements with Caribbean Airlines for four new Boeing 737 MAX 8 aircraft, scheduled to deliver to the airline starting in the fourth quarter of 2019 through 2020. These four new aircraft will join two Boeing 737-800s currently on lease to Caribbean Airlines from ALC.

“ALC is extremely pleased to announce this lease placement and be the first to introduce the 737 MAX 8 to the airline this year,” said Steven F. Udvar-Házy, Air Lease executive chairman. “The capabilities of the 737 MAX 8 will improve operational efficiency and contribute to Caribbean Airlines’ long-term success as the flag carrier of Trinidad and Tobago.”

“The Boeing 737 MAX 8 will allow Caribbean Airlines to completely revamp and upgrade its fleet by replacing its older Boeing 737-800s,” added Kishore Korde, Air Lease executive vice president. “As a testament to our strong relationship with Caribbean Airlines spanning over two decades, the Boeing 737 MAX 8 is the third new aircraft type that ALC team members have introduced to the airline (and its predecessor) during their careers.”

“Caribbean Airlines is delighted to introduce the Boeing 737 MAX 8 to our fleet with ALC,” said Garvin Medera, CEO of Caribbean Airlines. “The 737 MAX 8 will play an integral role in our success going forward as we continue to increase our competitiveness and high-quality customer service throughout the Caribbean and North and South America.”

Based in Los Angeles, ALC is an aircraft leasing company that has airline customers throughout the world.

Founded in 2006, Caribbean Airlines currently operates more than 600 weekly flights to 20 destinations to and from the Caribbean and North and South America. The airline’s fleet is comprised of Boeing 737-800 and ATR 72-600 aircraft. Jointly owned by the people of Trinidad and Tobago and Jamaica, Caribbean Airlines is headquartered in Trinidad and Tobago, with an operational base in Jamaica.

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Terry Mulreany
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