ALC delivers the first of five new 787-9s to China Southern Airlines

Lauren Eldershaw
By Lauren Eldershaw April 2, 2019 15:34

ALC delivers the first of five new 787-9s to China Southern Airlines

Air Lease Corporation (ALC) has delivered one new Boeing 787-9 aircraft on long-term lease to China Southern Airlines.  Featuring GEnx-1B76A engines, this aircraft is the first of five 787-9 Dreamliner aircraft scheduled to deliver to China Southern Airlines through 2020 from ALC’s order book with Boeing.

“We are pleased to announce the first of five ALC Boeing 787-9s joined China Southern Airlines’ world-class fleet today,” said Jie Chen, Executive Vice President and Managing Director, Asia of Air Lease Corporation.  “ALC’s team has worked closely with China Southern’s management team for over two decades to provide the airline new and efficient aircraft to expand operations, optimize their fleet and provide premier customer service. The Dreamliner is an excellent addition to the airline as China Southern continues to modernize its fleet with next generation, fuel-efficient aircraft.”

Chorus Aviation completes acquisition of six regional aircraft
Chorus Aviation has completed a portfolio transaction between Chorus Aviation Capital and Elix Aviation Capital for six regional aircraft. The transaction had previously been announced on February 21, 2019.

The portfolio of six aircraft consists of two ATR72-600 aircraft on lease to Azul Airlines of Brazil, two Q400 aircraft on lease to Ethiopian Airlines, and two Q400 aircraft on lease to Jambojet of Kenya.

With these acquisitions, Chorus Aviation Capital’s portfolio of leased regional aircraft (inclusive of five transactions pending completion) has reached 40 aircraft, comprising 28 turboprops and 12 regional jets valued at approximately $860 million.

Lauren Eldershaw
By Lauren Eldershaw April 2, 2019 15:34