Air Lease Inks Long-Term Lease Placements With Germany's Condor

  • Air Lease Corp AL announced long-term lease placements for 19 new Airbus SE EADSF aircraft with Condor (Germany), including 17 Airbus A321neos and two A320neos.
  • The new aircraft are scheduled to deliver in early 2024 through mid-2027. Air Lease currently leases five aircraft to Condor, including three A321s and two A320s.
  • “These 19 new Airbus aircraft will provide enhancements to Condor’s customer products as the airline continues to add the most modern, fuel-efficient aircraft to their expanding fleet and offer the highest quality service,” said Lauren Kervick, Assistant Vice President of Air Lease.
  • Price Action: AL shares are trading higher by 1.49% at $40.90 on the last check Tuesday.
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