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  • Air Lease Corp AL revealed long-term lease placements of six new Airbus SE EADSY A220-300 aircraft with TAAG Angola Airlines. The financial terms were not disclosed.

  • The aircraft are scheduled to deliver to the airline starting in 2023 through 2024 from ALC’s order book with Airbus.

  • “The capabilities of the A220-300 will greatly enhance TAAG’s operational efficiency and expanding route network with the most modern, fuel-efficient aircraft,” commented Steven Udvar-Házy, Executive Chairman of Air Lease.

  • Price Action: AL shares are trading higher by 3.09% at $34.72 on the last check Monday.

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