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Air Lease to Deliver Six Airbus Aircraft to Magnifica Air Starting in 2027

Air Lease to Supply Six Airbus Aircraft to Magnifica Air Beginning in 2027
Los Angeles, October 14, 2025 — Air Lease Corporation (NYSE: AL) has formalized long-term lease agreements with the emerging carrier Magnifica Air for six new Airbus aircraft, consisting of four A220-300s and two A321-200neos. Scheduled for delivery in 2027, this transaction marks a pivotal development for both companies as they position themselves within an increasingly competitive global aviation market.
A Strategic Partnership to Redefine Luxury Air Travel
David Beker, Executive Vice President of Air Lease, expressed enthusiasm about the collaboration, highlighting the significance of providing brand-new aircraft to Magnifica Air. The startup airline intends to leverage these aircraft to establish a novel segment in luxury air travel. Each plane will be configured to accommodate between 45 and 54 passengers, featuring two to four private suites designed to blend the exclusivity of private jet travel with the comfort of first-class service.
Wade Black, CEO of Magnifica Air, described the partnership as a “defining moment for luxury aviation,” underscoring the airline’s ambition to transform the passenger experience and set new standards for high-end travel. The launch fleet, developed in collaboration with Comlux and Air Lease, aims to deliver an exceptional guest experience while prioritizing operational efficiency and sustainability. Magnifica Air asserts that it will maintain one of the most efficient carbon footprints in the industry, seeking to “bring back the joy of travel” by minimizing common stressors and ensuring a seamless journey.
Navigating a Dynamic and Competitive Aviation Landscape
This agreement emerges amid intensified competition within the aircraft leasing and airline sectors. Recent industry activity, including Royal Air Maroc’s lease deal with Avolon and Vietnam Airlines’ pursuit of widebody aircraft, reflects the dynamic environment in which Air Lease and Magnifica Air operate. Concurrently, major carriers such as Emirates continue to expand their fleets, exemplified by their recent acquisition of an additional A380, while Wizz Air has resumed operations from Abu Dhabi, signaling strategic repositioning across the market.
These developments are likely to prompt increased scrutiny of lease agreements and financial strategies as lessors and airlines strive to secure advantageous positions amid rapid market evolution. For Air Lease, the Magnifica Air deal represents both an opportunity and a challenge, as competitors advance their own fleet expansions and partnerships.
Headquartered in Los Angeles, Air Lease is a leading global aircraft leasing company specializing in acquiring new commercial aircraft and leasing them to airlines worldwide. The company continues to adapt its strategic approach in response to shifting market dynamics and competitive pressures.
As the 2027 delivery date approaches, industry observers will closely monitor how Air Lease and Magnifica Air manage the challenges and opportunities presented by a crowded and fast-changing aviation sector.

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