Posted on: 11 August 2010 by Mark Howells
Air Lease Corporation and Air Berlin have signed sale and leaseback agreements for two used Boeing 737-800s.
"We are delighted to announce these two additional aircraft on top of the used A320 and two new aircraft already leased by ALC to Air Berlin. Air Berlin has been a strong supporter of ALC since inception and we value our partnership," remarked Steven Udvar-Hazy, chairman and CEO of Air Lease Corporation.
Ulf Huttmeyer, CFO of Air Berlin, stated, "The new strategic partnership with Air Lease has already proven successful if we take into account that this is the second transaction Air Berlin closed with the Air Lease Corporation team in a month."