Reportedly, Mexican airline Aeromexico has reached an agreement to rent nine Boeing (BA) planes, informed Air Lease Corporation. The deal will expand the carrier’s fleet as it emerges from Chapter 11 bankruptcy. Air Lease will provide Aeromexico with two new 737-8s and seven new 737-9s, expected to arrive between July 2022 and August 2023.
“The 737 offers the most modern, fuel-efficient technology to enhance the global capabilities of Mexico’s premier airline,” stated Air Lease Corporation Executive Chairman Steven Udvar-Hazy.
The deal comes after Aeromexico informed it would spend $5 billion over the next five years on upgrades, including revamping its fleet to reach 147 aircraft by the end of the year. Aeromexico declared bankruptcy in mid-2020 after travel demand declined following the coronavirus pandemic.
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