Business
Air Lease Announces Lease Placement of Six New Airbus Aircraft with Magnifica Air
LOS ANGELES, October 14, 2025--Air Lease (NYSE: AL) announced today long-term lease agreements with Magnifica Air for six new Airbus aircraft, including four new A220-300s and two new A321-200neos. The aircraft are scheduled to deliver to the new startup airline in 2027.
About this update from Air Lease Corporation Class A
[{"type":"text","content":"LOS ANGELES, October 14, 2025--(BUSINESS WIRE)--Air Lease (NYSE: AL) announced today long-term lease agreements with Magnifica Air for six new Airbus aircraft, including four new A220-300s and two new A321-200neos. The aircraft are scheduled to deliver to the new startup airline in 2027.","length":288,"tagName":"p"},{"type":"text","content":""Air Lease is pleased to lease these new Airbus A220s and A321neos to Magnifica Air and be the first to provide brand new aircraft to the airline, which plans to use them to redefine luxury air travel by making the journey on our aircraft, a destination itself," said David Beker, Executive Vice President of Air Lease.","length":329,"tagName":"p"},{"type":"text","content":""This partnership with Air Lease marks a defining moment for luxury aviation," said Wade Black, CEO of Magnifica Air. "Together, we are setting a new benchmark that will transform how passengers experience the journey."","length":239,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the anticipated fleet development and expansion of our customers and 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.","length":692,"tagName":"p"},{"type":"text","content":"About Air Lease (NYSE: AL)","length":26,"tagName":"p"},{"type":"text","content":"Air Lease is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. Air Lease and its team of dedicated and experienced professionals are principally engaged in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be import...