Air Lease Corporation (ALC) announced a long term lease agreement with Air New Zealand (Air NZ) for one new Boeing 787-9 aircraft. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in the third quarter of 2018.

"Air New Zealand is one of ALC’s first and longtime cornerstone airline customers. The relationship between Air New Zealand and ALC’s management dates back to transactions involving Lockheed Electras, so we are proud to be part of the evolution of Air New Zealand’s fleet by leasing them a new 787-9,” said Grant Levy, Executive Vice President of Air Lease Corporation.

On the 17th of February 2017, Air Lease Corporation (ALC) announced long term lease agreements with Air Mauritius for two new Airbus A330-900neo aircraft, outfitted with latest-generation Rolls-Royce Trent 7000 engines.

ALC currently has Airbus A320s and Boeing 777-300ERs on lease to Air New Zealand, with the five new A321neo and A320neo aircraft which start delivering later this year on long term leases.

The airline now operates a fleet of 56 aircraft and serves 21 domestic destinations and 31 international destinations in nineteen countries and territories across Asia, Europe, North America, South America and Oceania.