Operating lessor ALC is eyeing the latest offerings from Boeing and Embraer, following its order earlier this year for the Airbus A350 programme.
"We have been evaluating the Boeing 787-10X, the Boeing 777-9X and Embraer's next-generation jet family as a follow-on to our Airbus commitment," said Steven Udvar-Hazy, chairman and chief executive officer on a first quarter earnings call.
In February, ALC signed a firm order for 25 A350s, comprising 20 A350-900s and five A350-1000s.
During the quarter, ALC delivered five aircraft from its new order pipeline and acquired two incremental units in "opportunistic transactions", finishing the quarter with 162 aircraft.
ALC has 13 deliveries scheduled for the second quarter, and the pipeline "should deliver more evenly" throughout the second quarter and remainder of the year, says Udvar-Hazy.
The lessor closed purchase agreements with Boeing, Airbus and ATR during the quarter. "With those added orders in place, our marketing team has moved quickly, focusing on the new 777-300ER placements delivering from 2014 through 2016," he says.
The lessor has signed firm lease contracts for six 777-300ERs aircraft with Korean Air, Air New Zealand, KLM and Ethiopian Airlines.
ALC will accept delivery of its last new A320 current engine option aircraft this year and says all units have been placed. "So we will move on to placements of our A320neo and 321neo aircraft beginning 2016."
Udvar-Hazy says the lessor continues to work with the manufacturers to accelerate certain delivery positions to meet lease demand.
"Our 2013 deliveries remain unchanged. But we've now added two more deliveries in 2014 for a total of 36 aircraft that year, and one incremental aircraft delivery for 2015 for a total of 32 aircraft that year."
ALC is now 100% placed for 2013, 92% placed for 2014 and 53% placed for 2015. "This is right in line with our strategy of having our aircraft placed 18 to 24 months ahead."