ALC signs lease agreements with TAP Portugal for five Airbus aircraft

Air Lease Corporation has signed long term lease agreements with TAP Portugal for four new Airbus A330-900neo and one new A320-200neo aircraft. The A330neo aircraft are outfitted with latest-generation Rolls-Royce Trent 7000 engines, and the A320neo is outfitted with the latest CFM LEAP1A engines. All five aircraft are from ALC’s order book with Airbus, and are scheduled to deliver between the fourth quarter of 2018 and the third quarter of 2019.