Air Lease Corporation (ALC) announced an agreement to lease two new Boeing 787-9 Dreamliner aircraft to El Al.
Both aircraft are on long-term lease from ALC’s order book with Boeing and are scheduled to deliver to Israel’s flag carrier airline in the third quarter and early fourth quarter of 2017. These new Boeing 787-9 Dreamliner aircraft will replace older Boeing 747-400s in El Al’s fleet and will be the first two 787s for the airline.
“We are very pleased to announce this lease placement with El Al, a new customer for ALC. We believe the efficiency and interior design of the new Dreamliner aircraft is a valuable addition to El Al’s all-Boeing fleet and will further strengthen the airline’s long-term stability and success,” said Kishore Korde, Executive Vice President of Air Lease Corporation.
El Al CEO said, “During the next five years, these aircraft will replace the 747-400 and 767 fleets. They are intended for EL AL’s medium- and long-range destinations (New York, Boston, Toronto, Beijing, Mumbai, South Africa and other destinations). The Dreamliner, the most innovative and advanced aircraft in the world, have many operational advantages including fuel efficiency and low maintenance costs.”
El Al Israel Airlines Ltd is the flag carrier of Israel and has been ranked by IATA as one of the most efficient airlines in the world. EL AL was established in 1948 as the national airline of Israel and has since become a prestigious international carrier.
The airline’s all-Boeing fleet has grown to serve some 45 destinations, operating scheduled domestic and international services and cargo flights to Europe, North America, Africa and the Near and Far East from its main base in Ben Gurion International Airport.
ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.