Air Lease Corp will lease 25 Boeing 737 MAX jets to Malaysia Airlines‘ parent to be delivered between early 2023 and 2026 through the lessor’s orderbook with the manufacturer.
Malaysia Aviation Group (MAG) Chief Executive Izham Ismail said the deal was part of a restructuring of the terms of the airline’s order book with Boeing, Reuters reported.
→ Korean Air takes delivery of its first Boeing 737 Max.
“As part of the terms we were given options to swap our orderbook aircraft with leased aircraft,” he said at a Singapore Airshow forum on Tuesday.
MAG had previously placed an order of its own for 25 737 MAX jets, which remains listed on Boeing’s website.
It was originally scheduled to take delivery in 2020, but the 737 MAX was grounded worldwide after two crashes, prompting several airlines and lessors to cancel orders.
Related Topics
LATAM Airlines Unveils Cabin Interior Design for New Embraer E195-E2 Fleet
Farnborough Airshow: Embraer Secures New Deals with Azorra, Binter, Luxair, and Fuji Dream Airlines
Abra Group Signs Deal with Embraer for Up to 45 E195-E2 Jets to Boost Connectivity in Latin America
Abra Group, Parent Company of Avianca and Gol, Nears Strategic Embraer E2 Aircraft Order
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.