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Malaysia Airlines Berhad, Air Lease ink deals for 4 Airbus A350s.

AIRLINE INDUSTRY INFORMATION-(C)1997-2015 M2 COMMUNICATIONS

Malaysia Airlines Berhad (MAB) and Air Lease Corporation (NYSE: AL) said they have signed long-term lease agreements for four new Airbus A350-900s.

The transaction also includes a lease option for two additional A350-900s and two A330-900neo aircraft.

Powered by two Rolls Royce Trent XWB-84 engines, the A350-900 aircraft are from ALC's order book with Airbus and will be delivered between the fourth quarter of 2017 and the second quarter of 2018.

Malaysia Airlines is the national carrier of Malaysia and one of Asia's largest, serving 40,000 guests on 330 flights to more than 50 destinations daily.

ALC is a leading aircraft leasing company based in Los Angeles, California, that has airline customers throughout the world.

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Publication:Airline Industry Information
Date:Sep 14, 2015
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