Lease, John. Air team staff think was This team XXXX. That in stepped and at our a great. for industry. were phase. tested to in our this Lease the being also But support we I taken want last to I in have and of management long-term challenging tremendous get Air full the last very broader entire commercial to was results ALC year the a partner achieved during year you, pride the up quarter recovery inception to is the that the the difficult entire commend Thank has for plate of since year. truly the has worked community commitment everyone airline two and into aviation past years as That times and
Lease customer all of grow during their after stress with Our our professional evidence decision and and aircraft that. and this COVID-XX our past recovery team of moved to we quarter airline and and passenger be will right those XXXX and fleets takes last and we’ll long-term look the which our helped assist Long Air demand an we time a experience of accommodations, there for is expertise. individualized have to approach business and them to our is modernize growth of will customers decisions
have December with bumps story reported direction. travel few the passenger latest the continued XX% us IATA side, that variants of in on But relative domestic is phase each we passenger control People to focus by from cannot But along month road. the up traffic As in have Omicron XXXX are the was clear the desire of year. on shown Delta was the improvement that, traffic recovery. data the if we prior very right of obvious. evidence we in this XXXX and moving with specifically traffic IATA, to air. the the and a
to improved been As international much But prior year. we is restrictions optimistic have this as December even reasons have has be to Omicron. we restrictions significantly continued the levels the traffic all have with domestically internationally. than improvement despite And over know less side travel
travel one, quarters slightly has more sorry, has pandemic, with its passenger earlier of variant this been it three traffic, While initial With than XXXX. onset recovery in minor of elongated on relatively to compared particularly of first the the more in than impact the the COVID-XX the of and breakthroughs that we and XX.X other countries as become reopening of already lessening billion doses of tailwind administered vaccines across XXXX. distribution for the restrictions year will a hopeful medical XXX we in vaccine continued of are progress routes,
In their fact, despite continue air. requirements, airlines We are and can now that believe that large other speaking point routines to see people the have back decisions. you this we to get I globally, testing fleet adapted various in to mandates, and tell that inflection the with in planning accelerate and with mask XXXX. protocols, Meeting will trend you and the can world they’re in and posturing making airlines adjusted regions of past
Airbus in announcement Spirit signed to the and owner XXX past large Malaysian the with Alitalia Airlines. new months of for Group, which new few aircraft for XX aircraft, the Aviation few and AXXX Airlines new aircraft XX with the with successor in Malaysia new ALC placement Just with Italy, transactions you ago and Florida days ITA the is saw Max XX AXXX our a as Boeing of Airbus
their All our they planning fleet have of placements that solutions leases focused goals for one modernization about book. is near aircraft these these aircraft having of from fleet. from long-term customers every announcements these team as on future and further airline order unique our replacements fleet new and see in and our as customized the more added large mentioned, are in us John you the will efficient And
Sichuan to we’ve To future you and AXXX new narrow passenger of slow of traffic, despite aircraft examples our the deliveries continued to give both body aircraft. of quarter deliver In international body diversification addition wide in Asia, did regional growth placements, in affiliate this Japan, in Airways. Peach deliveries we New LR a LR Neo Airlines an Chengdu, All Two six which of AXXX additional in one LR total. will China Asana. new Nippon to lease they China in One Aviation additional Air Airlines and aircraft in Taiwan, aircraft AXXX New and is AXXX to
Europe, four also delivered AXXX of away as them of Neo feel the larger new India. good Alaska In today, wide necessary Atlantic from they Airlines to we latter announced aircraft another the airways. as United to Boeing which aircraft success. Paris, the with orders with for Airlines new another their aircraft to and same platform making In part that Virgin announced XXXX part one new strategy. in of John, not XXX-X new fleet long-term as in body is delivered why, as delivery taking XXXX. shied a was AXXX-XXXX and we have appropriate of success Air and one necessary AXXX-XXXX recently delivered We for heard were way which We corporate decisions and placement Boeing Airbus briefly the from be our the and airlines Vistara know you in we to our AXXX fleet well new customer will future felt Bee States, French
demand fleet factor abating. stabilizing being cargo shipping the e-commerce, provides also do in the And view continued as into we has foreseeable time. see to freighter marketplace volatile is want at long-term as not of strong pandemic, entered comment at globally a those air to looking trends in have the from It we really which This and more on future. John’s accelerated decades. but I COVID-XX ports entry growth that scale market. a E-commerce addition global continued on fueled our and in have for situation missing briefly market strong the was large the dynamics by bottlenecks for a vitalized the part some remarks, we been the prior was In resulting container we air
to was move aircraft marketplace new ordering and philosophy we efficient it thought the make advanced by sticking So technologically most to a our this into time with of Freighter. AXXX the the fuel most
Etihad Airlines, and You growing Air customers recently book including for Singapore France, Freighter Cargo by of decision our validated group see in order Air program, airline CGM Europe. AXXX
are extremely were our be and to as of we aircrafts XLR, airline AXXX the you with those the proven successful the customer many aware, spectrum LR of as broad launch AXXX customers. have As well of
order this been the launch we be emerge to We’ve AXXX XXX the to terms ensure book is and of of we’re a as in performance of desired pleased our pandemic, with goal pleased and Our also aircraft most of from as and comprises customer deliveries. Freighter. always such, developments the with types Max resumption reliability
us been have giving airline Our customers reports. good
lease new Max AL the and has period confidence stigma passenger ‘XX dissipated out surprise and this would rates is are be believe to it I recovering single is Deliveries our returned on As should any largely that and XXX no sold is pilot across Airbus robust. out that now and the of point that has the ‘XX on demand forward We program. such, XXXX, that community. neo to span virtually orders a like profile
Air is order both Airbus to those as solutions So we ahead, position believe in recovery airline in be to able from strongly. industry our and out book that Boeing excellent single accelerates the critical years Lease offer
not the Max forward directive still certification incorporation for on when to in China lease airlines Our needs dependent Max. are outstanding, placement Russia, nor China’s programs where in fly is airworthiness
our This for our XX additional end is the which Airbus orders year, we well why XX and the and the doing to order, family. exciting progressing AXXX of us up are program exercised at AXXXs as Finally, option placements extremely brings last part AXXX . of for firm
We just fleet bringing large efficient in Airbus leader area is orders have lead Lease further the types, other the customers airline our an direct enjoys pricing customers the a the and ALM. four new that the attractive to of through aging airlines buy and our of and status planning AXXX. Simply placements Boeing in new Airbus in new in aircraft. placements differentiates Boeing. and that high don’t in efficient fuel but certainly cases, the growing for airline and is leasing lessors with size each ALC to book AXXX order seeing and of we Air to In eyes To-date, many customers market capital type OEMs. is lease We’re reason resulted program both This side our XXX-XXX, and new very that this volume ALC by AXXXs aircraft replacing the to with more our aircraft, momentum, platform. find regional put aircraft bring and aircraft from aircraft
viewing orders new on long-term As our recent to over shareholders highest leases, indicate, we’re still return possible in investing long-term. and providing aircraft as our the the
However, we also ALC’s strategy. allocation capital overall element valuation our attractive as view an own stock of
at on quarter And we us. over for As XXXX. dividends, our program last $XXX authorized quarterly year our of repurchase this that of full fourth color that to our with another declaring to pleased is more available September immediately this have year, stock effective consecutive XX, to happy the end our million a the directors today, program this to and to I’d that out such, addition point financial share detail million new share to CFO, for which I’d program through results advise for like to XX% authorized and begin common have expired time increase I’m are the in turn XX our and board to to $XXX repurchase like the Willis XXXX. to board call December provide Greg good the news,
