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Air Lease Delivers the First of Five New Boing 737-8 MAX Jets on Long Term Lease to Air Canada

Air Lease has today announced that they have delivered the first of five new Boeing 737-8s to Air Canada, pursuant to a long-term lease agreement signed in 2023.

Air Canada Boeing 737-8 MAX - Courtesy Air Canada
Air Canada Boeing 737-8 MAX - Courtesy Air Canada

On Monday (January 26, 2026), Air Lease announced that pursuant to a long-term lease agreement entered into in 2023, they have delivered one new Boeing 737-8 MAX jet to Air Canada.  This is the first of five 737-8s scheduled to deliver to the carrier in 2026 from Air Lease.


In Monday’s announcement, Air Lease’s President and CEO, John L. Plueger, said,


“Air Lease is pleased to deliver from our orderbook this first of five Boeing 737-8 aircraft on lease to our long-time customer, Air Canada.  This 737-8 joins Air Canada’s diverse and expanding fleet of the most modern, fuel-efficient aircraft.”


Based in Los Angeles, California, Air Lease Corporation (NYSE: AL) is a leading global aircraft leasing company.  The Air Lease team is principally involved in the purchase of commercial aircraft and leasing them to airlines worldwide with customized leasing and financing solutions.  At June 30, 2025, the company had a globally diversified customer base of 108 airlines across 55 countries.


Air Canada is Canada’s largest domestic and international airline.  The Canadian flag carrier is a founding member of the Star Alliance and holds a Four-Star ranking from Skytrax.  Air Canada provides scheduled passenger service to 180 airports in Canada, the United States, and internationally on six continents.  Through the carrier’s Aeroplan loyalty program, customers can earn and redeem points on the world’s largest airline partner network of 45 airlines.  Air Canada Cargo offers air freight lift and connectivity to hundreds of destinations across six continents with a dedicated fleet of 767-300 Freighters and passenger aircraft belly hold capacity.  Additionally, the airline has committed to a net zero emissions goal from all global operations by 2050.


 

Source(s): Air Lease, Air Canada

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