LOS ANGELES, California, October 20, 2022 – Air Lease Corporation (NYSE: AL) announced the delivery of a tenth Airbus A320-200 aircraft to Allegiant.  Formerly on lease to Alaska Airlines, this is the tenth of ten used Alaska A320s to deliver to Allegiant Air from ALC.

“ALC is pleased to announce this tenth A320 delivery to Allegiant,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.  “These ten young A320s are providing valuable service to Allegiant’s growing fleet with advanced technology and fuel-efficiency.”

To replace Alaska’s A320 fleet, ALC and Alaska signed long-term lease agreements for 14 new Boeing 737-9 aircraft of which 11 have already been delivered.  The remaining aircraft are scheduled to deliver through the end of 2022 from ALC’s order book with Boeing.