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Air Lease Corporation Announces Lease Placement of Five New Airbus A321neo LR/XLR Aircraft with Qanot Sharq (Uzbekistan)

1. Air Lease Corporation signed a deal for five Airbus A321neo aircraft with Qanot Sharq. 2. Deliveries are scheduled for 2026 and 2027, enhancing Air Lease's portfolio.

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Why Bullish?

The deal reflects demand, indicating potential revenue growth for Air Lease. Historically, such agreements have boosted stock performance.

How important is it?

This transaction enhances Air Lease's service offerings and market presence, positively influencing investor sentiment.

Why Long Term?

The scheduled delivery for 2026-2027 indicates future revenue stability. Long-term leasing contracts typically support sustained growth.

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LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements with Qanot Sharq Airlines for five new Airbus A321neo aircraft, including three A321-200neo XLRs and two A321-200neo LRs. The aircraft are scheduled to deliver to the Uzbek airline in 2026 and 2027 from Air Lease's orderbook with Airbus. “We are pleased to further strengthen our partnership with Qanot Sharq and support the airline's continued growth with the addition of five new Airbus A321.

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