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AL - Air Lease inks support agreement with Vietnam Airlines
Air Lease Corporation Class A
Air Lease (AL -0.2%) signs comprehensive restructuring agreements with Vietnam Airlines, covering the leasing of 18 aircraft. It includes 12 Airbus A321neo and six Boeing 787-10 aircraft. The company notes "these agreements extend terms and revise lease economics closely tailored to the recovering economies and air travel in Vietnam and Southeast Asia." Investors bid up transportation and freight stocks with Omicron fears fading.