Air Lease to Place Six Airbus A321-200s with Air Transat

Air Lease Corporation signed lease agreements with Air Transat for six Airbus A321-200 aircraft. Delivery will begin this month through December 2019.

“ALC is very pleased to add Air Transat as a new airline customer, leasing six A321-200s to support their route network in Canada, across the Atlantic, and to the USA, Mexico and the Caribbean,” said Steven F. Udvar-Házy, ALC executive chairman. “We have a long history of working with our friends at Air Transat and this opportunity enhances our excellent relationship with the airline.”

“We are delighted to have been able to arrange the leasing of these A321 aircraft with Air Lease Corporation on such short notice,” said Jean-François Lemay, president of Air Transat. “They are replacing seasonal aircraft we were supposed to receive from Thomas Cook this winter as part of our seasonal aircraft-sharing agreement. We have known people at ALC for a long time, and we are happy to work with this trusted partner, which is enabling us to have the type of aircraft we need to provide the best service to our leisure-travel customers.”

Air Lease Corporation is an aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. It is principally engaged in purchasing commercial aircraft and leasing them to its airline customers through customized aircraft leasing and financing solutions.

Air Transat is a Canadian leisure airline which flies to some 60 international destinations in more than 25 countries in the Americas and Europe, offers domestic and connecting flights within Canada, and carries some five million passengers every year.

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