ALC firms up order for 36 A320neos

Air Lease Corp. (ALC) has signed a firm order for 36 Airbus A320neo family aircraft, comprising 20 of the larger A321neos, plus 14 options. The deal firms up an MOU signed at the 2011 Paris Air Show (ATW Daily News, June 21, 2011). Delivery is scheduled from mid-2016 through 2019. Engine selection will be announced at a later date.

Airbus A320neo (c) Airbus

“The A320neo family will be a cornerstone in ALC’s portfolio going forward,” ALC chairman and CEO Steven Udvar-Hazy said. The signing brings ALC’s Airbus orders to 100, comprising 50 A320 family, 36 A320neo family and 14 A330 family aircraft.

Airbus COO-customers John Leahy said the aircraft manufacturer is investing more than €300 million ($374.2 million) a year in the A320 family. He said more than 8,300 A320 family aircraft have been ordered and more than 5,000 delivered to more than 360 customers.

Source: ATW