About Grant Levy
Grant Levy, Executive Vice President of Marketing & Commercial Affairs at Air Lease Corporation, spoke at the delivery ceremony of a new Airbus A321neo to Transavia on September 17, 2024. He noted that the aircraft, equipped with LEAP-1A engines, is the first A321 in the Transavia fleet and the first in the entire Air France-KLM group. Levy stated that the airplane would allow Transavia to "go to farther destinations, carry more people and deal with all the environmental concerns."
Levy highlighted Air Lease's long history with Transavia, dating back 48 years to when the company's executive chairman leased two Boeing 737-200s to the airline. He said Air Lease currently has 11 airplanes on lease with Transavia, with six more A321s to be delivered, and expressed interest in future transactions. Levy described Transavia as "a great airline" and said he expects the new aircraft to be "very profitable" for the carrier.
Source: AI-verified profile updated from Grant Levy's recent appearances.
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Transcript (1 segments)
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Grant Levy0:00
First, I want to thank Marcel and the Transavia team for having the trust in us and for allowing us to be the lessor of this brand new A321neo with LEAP-1A engines. We're glad to be part of this momentous occasion. This is not just the first A321 in the Transavia fleet, but the first one in the whole Air France-KLM group, so we're very honored by that. We think that with the LEAP engines, this airplane will be incredible for Transavia, allowing you to go to farther destinations, carry more people, and deal with all the environmental concerns you have to deal with. You may be wondering who ALC is and how we are involved in this. Let me give you a brief explanation of how we've been involved with Transavia. Our company started in 2010, but our history with Transavia goes back 48 years ago. 48 years ago, our now executive chairman leased two 737-200 airplanes to Transavia. That has been followed by numerous transactions we've done in our prior incarnation as ILFC and as ALC. We currently have 11 airplanes on lease with Transavia, with six more A321s coming, and we're also looking to hopefully do some more in the future. I want to end by saying we think that Transavia is a great airline, we think it has great people, and we expect this airline and this airplane to be very profitable for Transavia and allow for much future growth and much more profitability in the future. Thank you very much.
