Air Lease Announces Lease Placement of One New Airbus A321-200neo Aircraft with Sun PhuQuoc Airways

Air Lease (NYSE: AL) announced today a long-term lease agreement with Sun PhuQuoc Airways for one new Airbus A321-200neo aircraft, scheduled to deliver to the startup Vietnamese airline in 2027.

“We are pleased to lease this new Airbus A321neo to Sun PhuQuoc Airways,” said Chi Yan, Senior Vice President of Air Lease. “Air Lease looks forward to the continued growth of our relationship with Sun PhuQuoc as the airline builds and optimizes the range and capacity of its new fleet.”

“The addition of this new Airbus A321neo from Air Lease marks an important step in our fleet development plan,” said Nguyen Manh Quan, Chief Executive Officer of Sun PhuQuoc Airways. “Partnering with AL allows us to expand our fleet with modern, fuel-efficient aircraft that enhance passenger comfort and operational sustainability. This aligns with our commitment to offering high-quality travel experiences while efficiently connecting Phu Quoc and Vietnam to regional and international destinations.”