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November 25, 2020
Air Lease Corporation (ALC) announced long-term lease placements for 13 Boeing 737-9 new technology aircraft with Alaska Airlines. These new aircraft are scheduled to be delivered between the second half of 2021 through the end of 2022.
Alaska Airlines also confirmed it will sell ten Airbus A320-200 aircraft, acquired by the airline in the acquisition of Virgin America, to ALC. Alaska Airlines and ALC agreed that the airline will lease these ten A320 aircraft back from ALC on terms that align with Alaska Airlines' fleet modernization and rationalization over the next few years. ALC is an aircraft leasing company based in Los Angeles.