Trending...
- DriveYo Signs Cybersecurity Prodigy and Open-Source Pioneer Utkarsh Lubal
- Alchemy 43 Appoints Shane Smith as CEO to Drive Operational Performance and Scalable Growth
- Ashikaga Flower Park's "Great Wisteria Festival 2026"
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Belavia-Belarusian Airlines. Featuring CFM LEAP-1B engines, this is the first of five new Boeing 737-8s confirmed to deliver to Belavia from ALC's order book with Boeing.
"ALC is pleased to confirm this historic and significant transaction with Belavia, delivering the airline's first 737-8 today," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "Our team introduced the Boeing 737 aircraft family to Belavia 18 years ago and now we are delighted to announce the first of five new 737-8s on long-term lease with the airline."
"Since 2003, our passengers have been traveling on Boeing aircraft. Our desire to develop and constantly increase our service level with maximum flight safety does not allow us to stand still. Today, our long-standing partners — Air Lease Corporation and Boeing — have helped us to open a new page in the development of our fleet. The next-generation Boeing 737-8 aircraft will gradually replace the Boeing 737-300 and Boeing 737-500 operated by our airline, which will significantly renew the aircraft fleet of Belavia-Belarusian Airlines. It should also be noted that the 737-8 aircraft have better characteristics: they are more environmentally friendly and cost-efficient. This will allow us to do what is so expected of us: to reduce the cost of air tickets. For passengers, this aircraft will differ from the usual 737-800 aircraft, primarily in the Business Class cabin. It will be a separate cabin with 12 comfortable seats. Thus, we will offer a significant increase in the service level for our passengers. We are very carefully preparing for acceptance of the aircraft: our pilots completed training for this type of aircraft a year ago. Now, they are repeating training. This also concerns the technical personnel: they are re-trained and confirm their readiness for maintenance of this type of aircraft. When accepting a new aircraft, we must be sure of the safety of our passengers and will do everything to guarantee it. We hope that each trip of our passengers will be more comfortable and bright," said Igor Tcherginets, Director General of Belavia-Belarusian Airlines.
More on The Californer
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
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. ALC routinely posts information that may be important to investors in the "Investors" section of ALC's website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC's website is not incorporated by reference into, and is not a part of, this press release.
More on The Californer
About Belavia
Belavia-Belarusian Airlines is the largest airline of the Republic of Belarus. It was established on March 5, 1996. The airline is a full member of the International Air Transport Association (IATA) from 1997, a member of the European Regional Airlines Association (ERAA) from 2010. Currently, there are 29 aircraft (one Boeing 737-8, nine Boeing 737-800, two Boeing 737-500, three Boeing 737-300, five Embraer-175, seven Embraer-195, two Embraer 195-E2 aircraft) in the airline's fleet. More information is available on the official website of the airline: www.belavia.by or in social networks: Facebook, Instagram, Twitter, VKontakte.
"ALC is pleased to confirm this historic and significant transaction with Belavia, delivering the airline's first 737-8 today," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "Our team introduced the Boeing 737 aircraft family to Belavia 18 years ago and now we are delighted to announce the first of five new 737-8s on long-term lease with the airline."
"Since 2003, our passengers have been traveling on Boeing aircraft. Our desire to develop and constantly increase our service level with maximum flight safety does not allow us to stand still. Today, our long-standing partners — Air Lease Corporation and Boeing — have helped us to open a new page in the development of our fleet. The next-generation Boeing 737-8 aircraft will gradually replace the Boeing 737-300 and Boeing 737-500 operated by our airline, which will significantly renew the aircraft fleet of Belavia-Belarusian Airlines. It should also be noted that the 737-8 aircraft have better characteristics: they are more environmentally friendly and cost-efficient. This will allow us to do what is so expected of us: to reduce the cost of air tickets. For passengers, this aircraft will differ from the usual 737-800 aircraft, primarily in the Business Class cabin. It will be a separate cabin with 12 comfortable seats. Thus, we will offer a significant increase in the service level for our passengers. We are very carefully preparing for acceptance of the aircraft: our pilots completed training for this type of aircraft a year ago. Now, they are repeating training. This also concerns the technical personnel: they are re-trained and confirm their readiness for maintenance of this type of aircraft. When accepting a new aircraft, we must be sure of the safety of our passengers and will do everything to guarantee it. We hope that each trip of our passengers will be more comfortable and bright," said Igor Tcherginets, Director General of Belavia-Belarusian Airlines.
More on The Californer
- Burlington Signs Lease at NetCo Investments Property in Ceres, California
- City of Long Beach Celebrates Older Americans Month with Series of Events throughout May
- San Joaquin Valley College Celebrates New Sacramento Campus with Ribbon-Cutting Ceremony on April 16
- L2 Aviation Appoints Tony Bailey as President and Chief Operating Officer
- Pieter Bouterse Studio Founder to Retire After 40+ Years; Seeks Successor to Continue Legacy
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
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. ALC routinely posts information that may be important to investors in the "Investors" section of ALC's website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC's website is not incorporated by reference into, and is not a part of, this press release.
More on The Californer
- #WeAreGreekWarriors Opening Reception Packs the House
- City of Long Beach Announces Voting Phase of Youth Power Participatory Budgeting Long Beach
- Mensa Brings National Board Game Competition to Northern Virginia April 16-19
- City of Long Beach Announces Voting Phase of Youth Power Participatory Budgeting Long Beach
- Governor Newsom announces $145.4 million in HHAP funding to help eight California regions reduce homelessness
About Belavia
Belavia-Belarusian Airlines is the largest airline of the Republic of Belarus. It was established on March 5, 1996. The airline is a full member of the International Air Transport Association (IATA) from 1997, a member of the European Regional Airlines Association (ERAA) from 2010. Currently, there are 29 aircraft (one Boeing 737-8, nine Boeing 737-800, two Boeing 737-500, three Boeing 737-300, five Embraer-175, seven Embraer-195, two Embraer 195-E2 aircraft) in the airline's fleet. More information is available on the official website of the airline: www.belavia.by or in social networks: Facebook, Instagram, Twitter, VKontakte.
Filed Under: Business
0 Comments
Latest on The Californer
- Vietnam Must End Human Rights Violations—Not Just "Walk the Talk"
- Poyst Launches Local Marketplace Platform to Help Communities Discover, Build, and Sell Locally
- Green Office Partner Strengthens Global Operations with Mexico-Based DigitalVAAR Partnership
- P-Wave Classics Announces the Publication of The Female Quixote, Volume I, by Charlotte Lennox
- Everwild Music Festival Unveils 2026 Schedule: No Overlapping Sets, Longer Performances, and Epic Late-Night Sets!
- City of Long Beach Celebrates Earth Month with Events Throughout April
- Fans Are Becoming the New Discovery Engine for Music Through The Ultimate F.A.N. Collective
- Riggo Production Studio Launches Monthly Content Package for Growing Brands
- Accelerating into Active Oil Production with over 100 Barrels per day now being produced as Dual-revenue engine begins Generating Cash Flow: $IBG
- Finland emerges as clear Eurovision 2026 favourite – analysis of 12 bookmakers by Vedonlyöntisivut
- Mac Mountain Selects netElastic vRouter for LightCraft Broadband-as-a-Service Platform
- A Kickstarter Campaign for "A Cable To The Moon"
- California Watermelon Festival "A Sweet Slice of California"
- Oceanside Bombers Team Up with Bragabilia Energy for Limited‑Edition "Quiet Flex" Cans
- Frequent Coffee Sets New Record with 94-Point Decaf Score
- CMSWire Announces 2026 Customer Experience Leader of the Year and IMPACT Award Winners
- Reworked Announces 2026 Leaders of the Year and IMPACT Award Honorees
- California BPPE Approves Institutional Name Change from PhlebotomyU to HealthCareerU
- 88% Revenue Growth; Charging Into the Future with Explosive Growth, Strategic EV Expansion and Infrastructure Dominance Signal a Breakout Opportunity
- Forge Resources Unlocks Major Gold-Copper System in Yukon as Drilling Success and Strategic Assets Fuel High-Impact Growth Story for: $FRGGF