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Air Lease Announces Lease Placement of Six New Airbus Aircraft with Magnifica Air

AL
  • Air Lease (NYSE: AL) signed long-term lease agreements with startup airline Magnifica Air for six new Airbus aircraft.
  • The fleet includes four new A220-300s & two new A321-200neos scheduled for delivery in 2027.
  • Magnifica Air plans to redefine luxury travel by making the aircraft journey a destination itself.
  • The airline will offer a hybrid solution between first-class & private jet travel with 45-54 passengers per aircraft.
  • Each aircraft will feature 2-4 private suites & aims to have the most efficient carbon footprint in aviation.
  • The partnership involves Comlux for aircraft completion & Air Lease for delivery & financing.