Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines. The aircraft are scheduled to deliver to LATAM starting in fall 2025 through 2026 from ALC’s order book with Airbus.

“We are pleased to announce this lease placement for five new long-range Airbus A321-200 XLRs with our airline customer based in Chile, LATAM Airlines, and be the first to introduce the XLR to the airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “As the largest South American carrier, LATAM is continuing its fleet modernization program adding the most advanced technology aircraft to enhance efficiency and passenger experience. These five new ALC A321XLR jets will optimize and grow the airline’s expanding international route network.”