Air Lease Corporation Announces Delivery of First of Six New Airbus A220-300 Aircraft to TAAG Angola Airlines

Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraft to deliver on long-term lease to TAAG and is the first of six new A220-300s confirmed to deliver to the airline from ALC’s orderbook with Airbus.

“We are pleased to announce ALC’s first of six new A220-300 aircraft delivered to TAAG Angola Airlines,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC is the first lessor to introduce the A220 to the airline and we look forward to assisting TAAG in commencing its long-term fleet modernization program by adding these new-generation, fuel-efficient aircraft.”

“Adding the A220-300 demonstrates TAAG’s ambition for modernization and growth as the company builds a versatile fleet to address market demand under the airline’s expansion plan (new routes and frequencies increase). From a local content empowerment perspective, the aircraft will have an Angolan crew with multiple teams benefiting from comprehensive training programs,” said Nelson de Oliveira, CEO of TAAG.