Air Lease Announces 4 New Boeing 737 MAX 8 with Caribbean Airlines

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Air Lease Announces 4 New Boeing 737 MAX 8 with Caribbean Airlines

Unread post by bimjim » Tue Feb 12, 2019

https://www.businesswire.com/news/home/ ... cement-New

Air Lease Corporation Announces Lease Placement of Four New Boeing 737 MAX 8 Aircraft with Caribbean Airlines
February 11, 2019

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (“ALC”) announced today 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 for four new Boeing aircraft with Caribbean Airlines and be the first to introduce the 737 MAX 8 to the airline this year,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “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, Executive Vice President of Air Lease Corporation. “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, Chief Executive Officer 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.”

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Re: Air Lease Announces 4 New Boeing 737 MAX 8 with Caribbean Airlines

Unread post by bimjim » Wed Feb 13, 2019

https://www.mba.aero/%EF%BB%BFcaribbean ... ew-max-8s/

Caribbean Airlines to Receive Four New MAX 8s
Emily Southworth
February 12, 2019

Caribbean Airlines will be expanding its fleet via the delivery of four brand new Boeing 737 MAX 8s to be received by the carrier on lease agreement with Air Lease Corporation planned for the last quarter of the year.

During Q4 in 2019 Caribbean Airlines will receive its ordered aircraft from its aircraft leasing specialist. The aircraft operator currently has two Boeing 737-800s in its fleet on lease agreement from Air Lease Corporation.

Garvin Medera, Chief Executive Officer of Caribbean Airlines, shared that the company is excited to add the Boeing 737 MAX 8 to its fleet for the first time thanks to its partnership with ALC. The company plans to increase its competitiveness and stability on the market through the aircraft and improve its flight services in the Caribbean and North and South America.

Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation, also commented on the partnership, stating that the company is happy to make the announcement regarding the new Boeing 737 MAX 8s.

The aircraft is expected to provide the carrier with better efficiency, improved customer experience, and reductions in the consumption of fuel.

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