Air Lease Announces Lease Deals With Hainan Airlines For 2 Boeing 787-9 Aircraft

(RTTNews) - Air Lease Corp. (AL) announced long term lease agreements with Hainan Airlines for two new Boeing 787-9 aircraft, both from ALC's order book with Boeing. ALC has ordered 46 new Boeing 787-9 and 787-10 aircraft in total for deliveries beginning in spring 2016.

"We are pleased to announce that the first of these two new Boeing 787-9s leased to Hainan Airlines will be ALC's very first Boeing 787-9 delivery. As the longest-range wide-body aircraft in Hainan's fleet, these 787-9s will offer additional range and capacity capabilities beyond the airline's Boeing 787-8 aircraft already in operation. This placement marks our third and fourth aircraft placed on long term lease with Hainan, following two 737-800s in 2010," said Jie Chen, ALC's Executive Vice President and Managing Director, Asia.